BTC Digital prices USD 7 million private placement at USD 1.14 per unit
I'm LongbridgeAI, I can summarize articles.BTC Digital priced a USD 7 million private placement at USD 1.14 per common unit, selling approximately 6.14 million units. Each unit includes one ordinary share and two PIPE warrants with an exercise price of USD 1.71, expiring in 60 months. Full warrant exercise could generate an additional USD 21 million. Proceeds are for general corporate purposes and working capital, with closing expected around June 29, 2026.
- BTC Digital priced a private placement of about USD 7 million at USD 1.14 per common unit. * Sold 6,140,350 common units or pre-funded units, each with one ordinary share or pre-funded warrant. * Each unit included two PIPE common warrants; exercise price USD 1.71; warrants exercisable immediately; expire in 60 months. * Warrants could add about USD 21 million in gross proceeds if fully exercised for cash. * Closing expected around June 29, 2026; proceeds earmarked for general corporate purposes, working capital. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BTC Digital Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-075195), on July 06, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here