Akanda Corp. filed a Form F-1 registration statement for an initial public offering on 2024-09-05. It has amended it 5 times. It filed its final prospectus on 2024-10-03, at a public offering price of $1.00 per share. Each fact below is quoted from the filing named with it.
What the filings say
Listing
Our Common Shares are listed on The Nasdaq Capital Market under the symbol “AKAN”.From the F-1/A filed 2026-03-20
Offering price
We are offering 258,940 Common Shares, no par value (the “ Common Shares ”) at a public offering price of $1.00 per share.From the 424B4 filed 2024-10-03
Use of proceeds
We intend to use the net proceeds from this offering for property, plant and equipment, operations, working capital, and general corporate purposes.From the 424B4 filed 2024-10-03
Revenue
Bophelo made only one sale of cannabis flower to a local buyer in April 2022 and generated sales revenue of $31,123 in the twelve -month period ended December 31, 2022.From the F-1/A filed 2024-09-20
Net loss or income
Each of Akanda and Canmart has generated no revenue or only minimal revenue, while RPK generated revenue of $1,736,369, and incurred a consolidated net loss for the fiscal year ending December 31, 2023, primarily as a result of increased operating expenses to execute our business plan and growth strategy.From the F-1/A filed 2024-09-20
Timeline
| Filed | What it is | Filing |
|---|---|---|
| 2024-09-05 | Registration statement filed (foreign issuer) | F-1 |
| 2024-09-20 | Registration statement amended (foreign issuer) | F-1/A |
| 2024-10-03 | Final prospectus filed: the offering is priced | 424B4 |
| 2025-09-18 | Registration statement filed (foreign issuer) | F-1 |
| 2025-09-29 | Registration statement amended (foreign issuer) | F-1/A |
| 2026-01-26 | Registration statement filed (foreign issuer) | F-1 |
| 2026-01-28 | Registration statement amended (foreign issuer) | F-1/A |
| 2026-03-04 | Registration statement amended (foreign issuer) | F-1/A |
| 2026-03-20 | Registration statement amended (foreign issuer) | F-1/A |
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Where this comes from
A company that wants to sell shares to the public in the United States files a registration statement with the SEC: Form S-1 for a US company, Form F-1 for a foreign one. It amends that statement as the figures and terms are filled in, usually adding the expected price range shortly before the offering. Once the offering is priced it files its final prospectus under Rule 424(b)(4). A company that decides not to go ahead can ask for the registration statement to be withdrawn on Form RW.
Every row on this page is one of those filings, linked to the filing itself. The facts are the company's own sentences, quoted from the filing named beside each one and never reworded; where no filing states a fact in a sentence that can be read exactly, this page leaves it out. A filing is the company's statement of its plans and its figures, not a verification of them, and nothing here is investment advice.