Express

US-listed company Next Technology Holding plans to issue up to $500 million in common stock, including purchase of Bitcoin

Summary: According to reports, US-listed company Next Technology Holding Inc. (NXTT) has filed an S-3 registration statement with the US Securities and Exchange Commission (SEC), planning to issue up to $500 million in common stock through a shelf registration process. The company intends to use the funds for general corporate purposes, including working capital, research and ...

According to reports, US-listed company Next Technology Holding Inc. (NXTT) has filed an S-3 registration statement with the US Securities and Exchange Commission (SEC), planning to issue up to $500 million in common stock through a shelf registration process.

The company intends to use the funds for general corporate purposes, including working capital, research and development expenses, potential acquisitions, and the purchase of Bitcoin, with specific purposes yet to be finalized.

Last Update:

Tags:
Link: US-listed company Next Technology Holding plans to issue up to $500 million in common stock, including purchase of Bitcoin   [Copy]
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 7 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 11 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 13 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 18 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 19 days ago
  • You need to login to comment.