Freight Technologies has secured up to $20 million in convertible debt financing to acquire TRUMP.

Blockbeats

05-02

BlockBeats News, May 2nd, Freight Technologies (Nasdaq: FRGT) announced that it has entered into an agreement with an institutional investor to raise up to $20 million through a convertible bond offering, to be used to purchase the Trump official Meme coin TRUMP.

According to the financing agreement, Freight Technologies plans to issue $1 million worth of convertible notes in the first round of financing, with the possibility of additional funding of up to $19 million based on specific conditions. The company had previously purchased around $8 million worth of FET tokens.

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The company had previously purchased around $8 million worth of FET tokens.</p></div></body></html>\n<div class=\"bt-text\">\n\n\n<p> 來源：<a href=\"https://www.theblockbeats.info//en/flash/292111\">Blockbeats</a></p>\n<p>為提升您的閱讀體驗，我們對本頁面進行了排版優化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://www.theblockbeats.info//en/flash/292111","article_id":"2532857974","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2532857974","pubTimestamp":1746152640,"columns":[],"sourceInfo":{"source_id":"theblockbeats_live","name":"Blockbeats快讯"},"weMediaInfo":null,"summary":"BlockBeats News, May 2nd, Freight Technologies  announced that it has entered into an agreement with an institutional investor to raise up to $20 million through a convertible bond offering, to be used to purchase the Trump official Meme coin TRUMP.According to the financing agreement, Freight Technologies plans to issue $1 million worth of convertible notes in the first round of financing, with the possibility of additional funding of up to $19 million based on specific conditions. 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