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ENDRA Life Sciences plans to raise $144 million through rights issue to support its digital asset treasury

Summary: According to Businesswire, NASDAQ-listed company ENDRA Life Sciences has announced that it has signed a securities purchase agreement, with investors agreeing to subscribe for 744,340 shares of common stock and accompanying warrants to purchase up to 1,488,680 shares of common stock. If all warrants are exercised, the company will raise $144 million to support its ...

According to Businesswire, NASDAQ-listed company ENDRA Life Sciences has announced that it has signed a securities purchase agreement, with investors agreeing to subscribe for 744,340 shares of common stock and accompanying warrants to purchase up to 1,488,680 shares of common stock. If all warrants are exercised, the company will raise $144 million to support its digital asset treasury. ENDRA Life Sciences previously disclosed plans to implement a bitcoin-based revenue strategy.

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