U.S. publicly traded company Windtree intends to launch a BNB Treasury Strategy, raising $60 million through a subscription for shares financing.
BlockBeats News, July 16th, Windtree, a US-listed company, announced that it has signed a $60 million securities purchase agreement with Build and Build Corp, with the potential to receive up to an additional $140 million in future subscription proceeds, bringing the total subscription amount to $200 million. The proceeds from the financing will be primarily used to launch the BNB Treasury Strategy and acquire BNB, positioning Windtree as a leader in BNB assets. Upon obtaining shareholder approval and meeting other closing conditions, Windtree will become the first Nasdaq-listed company to provide direct exposure to BNB token investment.
You may also like
Gainers
Latest Crypto News
A certain whale address has deposited 10 million U into HyperLiquid, initiating a 20x ETH long position.
Coinbase to List Rayls (RLS)
Spot Silver Surges Over 3% Intraday
Circle minted 7.5 billion USDC on the Solana network in the last 5 minutes.
In the past 4 hours, the entire network has seen $320 million in liquidations, with most of them coming from long positions.
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Services:support@weex.com