ENDRA Life Sciences Announces $14.4 Million Private Placement to Launch <a href="https://laohu8.com/S/DAAQU">Digital Asset</a> Treasury <a href="https://laohu8.com/S/MSTR">Strategy</a> Managed by Arca
ENDRA Life Sciences Inc. has announced a private placement of up to $14.4 million to launch a digital asset treasury $(DAT)$ strategy managed by Arca Investment Management. The company has already secured $4.9 million in commitments from institutional and cryptocurrency investors. The majority of the net proceeds will be used to establish ENDRA's DAT operations and accumulate cryptocurrency, focusing on decentralized exchanges and protocols, particularly those related to perpetual futures. The remaining funds will support the completion of a pilot validation imaging study for liver disease technologies. Jeff Dorman is expected to join ENDRA's Digital Asset Advisory Board to help guide the new strategy. Lucid Capital Markets acted as the sole placement agent for the offering.
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. ENDRA Life Sciences Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001654954-25-011797), on October 15, 2025, and is solely responsible for the information contained therein.
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