BTC Digital Ltd. Announces Entry into Share Subscription Agreements in Connection with Private Placement of Ordinary Shares
SHENZHEN, China, Dec. 26, 2023 /PRNewswire/ -- BTC Digital Ltd. ("BTC Digital" or the "Company") (NASDAQ: BTCT), a cryptocurrency mining company, today announced that it has entered into subscription agreements (the "Subscription Agreements") with three individual investors (the "Investors"), for the issue and sale of 303,497 ordinary shares of the Company, par value US$0.06 per share (the "Ordinary Shares"), for total gross proceeds of $1,014,286, or US$3.342 per share.
- SHENZHEN, China, Dec. 26, 2023 /PRNewswire/ -- BTC Digital Ltd. ("BTC Digital" or the "Company") (NASDAQ: BTCT), a cryptocurrency mining company, today announced that it has entered into subscription agreements (the "Subscription Agreements") with three individual investors (the "Investors"), for the issue and sale of 303,497 ordinary shares of the Company, par value US$0.06 per share (the "Ordinary Shares"), for total gross proceeds of $1,014,286, or US$3.342 per share.
- The Subscription Agreements and the transactions contemplated thereby have been approved by the Company's board of directors.
- The Company expects the transactions contemplated by the Subscription Agreements to close on or about January 3, 2024.
- "We are excited to announce the entry into the Subscription Agreements.