Crypto Co. Announces Private Placement, Raising $661,000 and 0.43 BTC Through Sale of 165 Million Shares to Accredited Investors
The Crypto Company has entered into subscription agreements with a group of institutional and accredited investors for a private placement of its common stock. Under the terms of the agreements, the company will issue a total of 165,348,837 shares of common stock at an aggregate purchase price of $661,000 and 0.43232 BTC. The participating investors include Jeffery G. Roberts, P.S.G. Poker LLC, Practivist Investors LLC, EKSA Holdings LLC, Jonathan Gunn, Windermere Property LLC, the Robert K. Tschannen-Moran and Megan Tschannen-Moran Joint Revocable Living Trust, the Scott Averitt Irrevocable GST Trust, Old Well Fund LLC, and The New VC, LLC. The proceeds from the financing are expected to support the company's strategic initiatives and general corporate purposes.
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