Mercurity Fintech Holding Inc. Raises $43.7M in Direct Offering to Boost Crypto Financial Strategy
Main Idea
Mercurity Fintech Holding Inc. raised $43.7 million in a direct offering to support its crypto financial initiatives, with participation from prominent digital asset firms.
Key Points
1. Mercurity Fintech Holding Inc. (Nasdaq: MFH) secured $43.7 million in a registered direct offering on July 21, 2025.
2. The offering involved issuing 12,485,715 common shares and an equivalent number of warrants, priced at $3.50 per share.
3. The warrants have a five-year maturity and were purchased by investors including LTP, SYN Capital, OGBC Group, and Block Stone Capital.
4. The capital will be used to expand Mercurity's crypto financial initiatives.
Description
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