Orange 21 raised $1.17 million in fresh capital by issuing...

Orange 21 raised $1.17 million in fresh capital by issuing 712,121 new shares bought by the U.S. private equity firm Harlingwood at $1.65 each. The transaction gives Harlingwood a 5.6 percent stake in the company. It can propose a board member for election at Orange 21's shareholder meeting. The designee ...

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