Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Impact of “infrastructure status” for the DC industry announced in the Union Budget 2022

    February 4, 2022

    Milestone Systems appoints new Chief Revenue Officer

    January 26, 2022

    IIM Udaipur Incubated tech startup FasterrWeb obtains funding

    January 25, 2022
    Facebook Twitter Instagram
    • Demos
    • Buy Now
    Facebook Twitter Instagram
    My BlogMy Blog
    Subscribe
    • Home
    • Features
      • Typography
      • Contact
      • View All On Demos
    • Typography
    • Buy Now
    My BlogMy Blog
    Home»Internet»Cryptocurrency»Bit Digital Stock Slides After $80M Private Placement
    Cryptocurrency

    Bit Digital Stock Slides After $80M Private Placement

    adminBy adminSeptember 30, 2021No Comments1 Min Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Bit Digital Stock Slides After $80M Private Placement
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Bit Digital (Nasdaq: BTBT) announced an $80 million private placement to sell stock to institutional investors. The share price fell 14% to $6.80 as of 14:00 UTC.

    The bitcoin mining company agreed to sell 13.5 million ordinary shares and warrants for another 10.1 million shares. The combined purchase price of one share and one warrant is $5.93. The warrants, each of which allows the purchase of three-fourths of a share, will have an exercise price of $7.91 per whole share.

    H.C. Wainwright & Co. is the exclusive placement agent. Bit Digital said it expects the placement to close on Oct. 4.

    Bit Digital earlier this week appointed Brock Pierce, chairman of the Bitcoin Foundation, to its board of directors, effective Oct. 31.

    Source Link

    80M Bit digital Placement Private Slides Stock
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    admin
    • Website

    Related Posts

    Mphasis and CrossTower partner to develop a ‘Center of Excellence’ in Web 3.0 and Blockchain technologies

    January 21, 2022

    FTFT Subsidiary Launches Cryptocurrency Market Data Platform

    January 4, 2022

    Featuring Mr. Vladislav Sapozhnikov – Managing Partner Of Genesis Block At GITEX GLOBAL 2021

    November 13, 2021
    Add A Comment

    Leave A Reply Cancel Reply

    Editors Picks

    Onboard Cameras Allow Disabled Quadcopters to Fly

    January 5, 2021
    Top Reviews
    Advertisement
    Demo
    My Blog
    Facebook Twitter Instagram Pinterest Vimeo YouTube
    • Home
    • Buy Now
    © 2023 ThemeSphere. Designed by ThemeSphere.

    Type above and press Enter to search. Press Esc to cancel.