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US-listed company Windtree plans to launch BNB treasury strategy, raising $60 million through securities subscription financing

Summary: According to reports, US-listed company Windtree (WINT) has announced a $60 million securities purchase agreement with Build and Build Corp, with potential future subscriptions to yield up to $140 million in total revenue, reaching a total subscription amount of $200 million. The funds raised will be primarily used to launch the BNB treasury strategy and ...

According to reports, US-listed company Windtree (WINT) has announced a $60 million securities purchase agreement with Build and Build Corp, with potential future subscriptions to yield up to $140 million in total revenue, reaching a total subscription amount of $200 million. The funds raised will be primarily used to launch the BNB treasury strategy and acquire BNB, positioning Windtree as a leader in BNB assets. Upon obtaining shareholder approval and meeting other closing conditions, Windtree will become the first NASDAQ-listed company to offer direct investment exposure to BNB tokens.

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