TAO Synergies Inc. Announces $11 Million Private Placement Backed by Existing and New Investors

Reuters

2025/10/14

TAO Synergies Inc. Announces $11 Million Private Placement Backed by Existing and New Investors

TAO Synergies Inc. (Nasdaq: TAOX), a digital asset treasury company focused on Bittensor $(TAO)$, has announced an $11 million private placement financing. The deal is supported by existing investors, including strategy advisor James Altucher, and welcomes new investor DCG, a prominent player in the cryptocurrency and blockchain industry. The financing involves the sale of 11,000 shares of newly issued Series E convertible preferred stock, each with a stated value of $1,000 and a conversion price of $8.00 per share, along with five-year warrants to purchase common stock at $8.00 per share. Proceeds will be used to support the company's strategic investments in TAO tokens and expand opportunities within the Bittensor ecosystem. The transaction is expected to close pending customary conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TAO Synergies Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NY96855) on October 13, 2025, and is solely responsible for the information contained therein.

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Announces $11 Million Private Placement Backed by Existing and New Investors\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-10-14 05:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      TAO Synergies Inc. Announces $11 Million Private Placement Backed by Existing and New Investors\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        TAO Synergies Inc. 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ID: NY96855) on October 13, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TAOX","symbol_name":"Tao Synergies Inc.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251013:nNDL3b1KYC:1","article_id":"2575233392","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2575233392","pubTimestamp":1760389813,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"TAO Synergies Inc. , a digital asset treasury company focused on Bittensor , has announced an $11 million private placement financing. 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