The Firm intends to make use of the online proceeds from this Providing for basic company and dealing capital wants. The Firm’s Extraordinary Shares are buying and selling on the Nasdaq Capital Market beneath the image “BTCT”. The Providing is topic to market situations, and there will be no assurance as as to whether or when the Providing could also be accomplished, or as to the precise dimension or phrases of the Providing.
As well as, the Firm expects to grant Aegis Capital Corp. a 45-day choice to buy extra Extraordinary Shares of as much as 15% of the variety of Extraordinary Shares bought within the Providing solely to cowl over-allotments, if any.
Aegis Capital Corp. is performing as the only book-running supervisor for the providing on a agency dedication foundation. VCL Legislation LLP and Conyers Dill & Pearman are performing as counsel to the Firm. Kaufman & Canoles, P.C. is performing as counsel to Aegis Capital Corp.
The providing is being made pursuant to an efficient shelf registration assertion on Type S-3 (No. 333-283367) beforehand filed with the U.S. Securities and Alternate Fee (SEC) and declared efficient by the SEC on
This press launch shall not represent a proposal to promote or the solicitation of a proposal to purchase nor shall there be any sale of those securities in any state or jurisdiction through which such supply, solicitation or sale can be illegal previous to registration or qualification beneath the securities legal guidelines of any such state or jurisdiction.
About BTC Digital Ltd.
BTC Digital Ltd.is a blockchain know-how firm, with a long-term technique to create worth throughout the metaverse, blockchain and cryptocurrency mining trade. The Firm is dedicated to growing blockchain associated companies in
Ahead-Wanting Statements
The foregoing materials might comprise “forward-looking statements” inside the which means of Part 27A of the Securities Act of 1933 and Part 21E of the Securities Alternate Act of 1934, every as amended. Ahead-looking statements embrace all statements that don’t relate solely to historic or present info, together with with out limitation statements relating to the Firm’s product growth and enterprise prospects, and will be recognized by means of phrases comparable to “might,” “will,” “anticipate,” “mission,” “estimate,” “anticipate,” “plan,” “consider,” “potential,” “ought to,” “proceed” or the damaging variations of these phrases or different comparable phrases. Ahead-looking statements are usually not ensures of future actions or efficiency. These forward-looking statements are primarily based on info at the moment obtainable to the Firm and its present plans or expectations and are topic to a lot of dangers and uncertainties that would considerably have an effect on present plans. Ought to a number of of those dangers or uncertainties materialize, or the underlying assumptions show incorrect, precise outcomes might differ considerably from these anticipated, believed, estimated, anticipated, meant, or deliberate. Though the Firm believes that the expectations mirrored within the forward-looking statements are affordable, the Firm can not assure future outcomes, efficiency, or achievements. Besides as required by relevant regulation, together with the safety legal guidelines of
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