Nasdaq-listed AirNet Technology Inc. (ticker: ANTE) announced the completion of its previously announced private placement, raising a total of approximately $180 million through the sale of 80,826,225 common shares and accompanying warrants.
It is worth noting that the financing is all in digital assets, including about 819.07 bitcoins and 19,928.91 ethereum (before issuance fees). AirNet CEO Dan Shao said that the financing marks a new chapter for the company, which has hired a team of experienced cryptocurrency professionals to develop a comprehensive growth strategy for the company.
AirNet Technology completes $180 million financing, all paid in digital assets
2025-08-28 12:19:00
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