Nano Labs Announces Plans to Raise $5.90 million in Private Equity Deal and Increase Bitcoin Holdings to 400
2025-02-21 11:16:00
NASDAQ City Corporation nano labs announced certain investors signeddesk3cryptocurrencydesktopCrypto News
Nasdaq-listed Nano Labs announced that it has entered into a share purchase agreement with certain investors to sell 913,714 shares of the company's Class A common stock in a private placement. The purchase price of each Class A common stock is $6.46, and the total purchase price of the private placement is approximately $5.90 million. In addition, Nano Labs also stated that it has recently increased its holdings of Bitcoin. As of February 21, 2025, it holds a total of approximately 400 Bitcoin, which is currently valued at approximately $40 million. The average acquisition cost is approximately $99,500, including transaction fees.
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