IM Cannabis signs LOI to buy 51% stake in Poland’s Space Defense Innovations
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- IM Cannabis entered a non-binding LOI to buy 51% of Poland-based Space Defense Innovations on a fully diluted basis.
- SDI distributes BlueBird Aero Systems tactical unmanned aerial systems in Europe through subsidiary BlueAero Group, with exclusivity in Poland.
- Consideration includes IM Cannabis common shares and/or pre-funded warrants, capped so no SDI holder exceeds 19.99% ownership.
- Deal terms include a 24-month seller loan at 9% interest with 100% warrant coverage, exercisable at a 25% premium.
- IM Cannabis would receive a five-year call option for the remaining SDI shares, board control, and a EUR 2.3 million convertible credit line.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. IM Cannabis Corp. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202609230730PR_NEWS_USPR_____IO51440) on September 23, 2026, and is solely responsible for the information contained therein.
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