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ETHZilla Plans to Increase Rights Issue Fundraising Scale to $10 Billion to Continue Increasing ETH Holdings
Summary: According to reports, Strategic ETH Reserve announced on the X platform that NASDAQ-listed Ethereum treasury company ETHZilla (formerly 180 Life Sciences Corp.) has revised its sales agreement with Clear Street, involving the issuance of common stock with a face value of $0.0001 per share in the prospectus supplement and accompanying prospectus. Under the revised terms ...
According to reports, Strategic ETH Reserve announced on the X platform that NASDAQ-listed Ethereum treasury company ETHZilla (formerly 180 Life Sciences Corp.) has revised its sales agreement with Clear Street, involving the issuance of common stock with a face value of $0.0001 per share in the prospectus supplement and accompanying prospectus.
Under the revised terms of the sales agreement, the company will be able to raise up to $10,000,000,000 by issuing and selling common stock to support its continued purchase of ETH.
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Link: ETHZilla Plans to Increase Rights Issue Fundraising Scale to $10 Billion to Continue Increasing ETH Holdings [Copy]