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Sharps Technology Increases Fundraising Size to $1 Billion and Launches Digital Asset Treasury Strategy
Summary: According to PRNewswire, NASDAQ-listed company Sharps Technology announced the completion of a private placement of common stock and warrants, with total proceeds from the equity offering exceeding $400 million. Additionally, the company stated that exercising all warrants could raise an additional $600 million, expanding the total fundraising size to $1 billion. The new funds will ...
According to PRNewswire, NASDAQ-listed company Sharps Technology announced the completion of a private placement of common stock and warrants, with total proceeds from the equity offering exceeding $400 million. Additionally, the company stated that exercising all warrants could raise an additional $600 million, expanding the total fundraising size to $1 billion. The new funds will support the launch of its digital asset treasury strategy, with the treasury's main holdings being the native digital asset SOL of the Solana blockchain.
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Link: Sharps Technology Increases Fundraising Size to $1 Billion and Launches Digital Asset Treasury Strategy [Copy]
