[CIMG Inc. Raises $55 Million in a Stock Offering and Will Purchase 500 Bitcoins] Nasdaq-listed digital health company CIMG Inc. announced that it has signed a final securities purchase agreement to issue 220 million shares of common stock to nine non-U.S. investors to raise $55 million and will purchase 500 Bitcoins, with an expected average purchase price of $110,000 per Bitcoin. The transaction is expected to complete delivery in early September.
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The listed company CIMG raised $55 million through a rights issue and will purchase 500 Bitcoins.
[CIMG Inc. Raises $55 Million in a Stock Offering and Will Purchase 500 Bitcoins] Nasdaq-listed digital health company CIMG Inc. announced that it has signed a final securities purchase agreement to issue 220 million shares of common stock to nine non-U.S. investors to raise $55 million and will purchase 500 Bitcoins, with an expected average purchase price of $110,000 per Bitcoin. The transaction is expected to complete delivery in early September.