General Enterprise Ventures Inc. Announces $6.3 Million PIPE Offering: Issues 420,937 Series C Preferred Shares and Warrants for 701,563 Common Shares
Reuters
Oct 07, 2025
General Enterprise Ventures Inc. Announces $6.3 Million PIPE Offering: Issues 420,937 Series C Preferred Shares and Warrants for 701,563 Common Shares
**General Enterprise Ventures Inc. Completes $6.3 Million Share Sale** On September 30, 2025, General Enterprise Ventures Inc. entered into Securities Purchase Agreements with accredited investors for a private placement (PIPE Offering) of 420,937 shares of Series C Convertible Preferred Stock at an aggregate purchase price of $6,314,062. Each Series C share is convertible into 3.3333 common shares. The offering also included warrants to purchase up to 701,563 shares of common stock. Univest Securities, LLC acted as placement agent for the transaction.
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