Mercurity Fintech Holding Inc. Announces $43.70 Million Registered Direct Offering to Advance Crypto Treasury Strategy
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Mercurity Fintech Holding Inc. (NASDAQ: MFH) has announced a registered direct offering, raising $43.70 million to support its crypto treasury strategy. The offering includes 12,485,715 ordinary shares and an equal number of warrants at an effective price of $3.50 per share. The warrants have a five-year term with the same exercise price. D. Boral Capital LLC is the sole placement agent, and the proceeds will be used for advancing the crypto strategy and general corporate purposes. The offering is expected to close soon, subject to customary conditions.
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