Hydrofarm Holdings Group, Inc. - Common Stock (HYFM)

Hydrofarm (NASDAQ: HYFM) announced the closing of its previously disclosed registered direct offering of 1,599,400 common shares at $0.905 per share and concurrent private placement of 7,611,575 unregistered common shares or pre-funded warrants and 9,210,975 common stock purchase warrants. The transactions generated approximately $8.3 million in gross proceeds before fees and expenses. Chairman and CEO Bill Toler, along with other company officers, directors and their affiliates, participated on the same terms as other investors. Hydrofarm intends to use the net proceeds for general corporate purposes. ThinkEquity served as sole placement agent and advisor.

Algorhythm Holdings, Inc. (NASDAQ: RIME), a leading AI-powered logistics technology company, continues building momentum as its flagship SemiCab platform expands commercial adoption while accelerating revenue growth and strengthening its financial position.

Gainers Hydrofarm Holdings Group (NASDAQ:HYFM) shares increased by 488.9% to $3.18 during Monday's pre-market session. The company's market cap stands at $2.5 million. Reitar Logtech Holdings (NASDAQ:RITR)

Gainers Eos Energy Enterprises, Inc. - Right (NASDAQ:EOSER) stock moved upwards by 33.4% to $0.1 during Wednesday's pre-market session. Hydrofarm Holdings Group (NASDAQ:HYFM) shares rose 8.2% to $0.95. The

Gainers JFB Construction (NASDAQ: JFB) shares increased by 66.9% to $11.43 during Monday's regular session. The market value of their outstanding shares is at $65.0 million.

Cannabis jobs fall while sales rise, Mujica's death sparks global reflection, and the DEA returns to old scare tactics. This week's top cannabis news.

Before the opening bell on Wednesday, let's take a glimpse of the US markets and explore the top gainers and losers in today's pre-market session.

Village Farms spikes 33% after Q1 earnings. Hydrofarm, iAnthus, and Ascend show cost focus as cannabis pivots to margin over growth.