First Africa Cannabis SPAC Moving Forward With Cilo Cybin Listing

Africa is about to get its first listing of a medical cannabis-focused SPAC when Cilo Cybin Holdings Ltd. raises money in Johannesburg later this year, Bloomberg reports

The company is seeking as much as 2 billion rand ($114 million), said Gabriel Theron, who leads the business. The share offer will open on Sept. 12 and close in November. Read more.

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