Svmuu News Nasdaq Listed Ethereum Treasury company Sharplink announced that it has signed a securities purchase agreement to sell 10,013,400 shares of common stock and warrants corresponding to 10,013,400 shares of common stock,raising a total of approximately $75 million. The proceeds will be used for working capital, to continue accumulating ETH assets, and to repurchase the company’s shares under its share repurchase program.
Sharplink also disclosed that as of June 16, the company held a total of 875,776 ETH. (B2i)
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Sharplink Signs Securities Purchase Agreement to Raise $75 Million to Expand Its ETH Reserves and Repurchase Company Stock
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