International Land Alliance, Inc. announced that it has entered into securities purchase agreement for a private placement of 3,100 Series C Convertible Preferred Shares at an issue price of $100 for proceeds of $310,000 on June 2, 2023. The company also issue 1,240,000 warrants to purchase common stock at an exercise price of $0.07 per share and will expire five and one half years from the issuance date. The transaction is expected to close July 13, 2023.
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- International Land Alliance, Inc. announced that it expects to receive $0.31 million in funding