Caliber (NASDAQ: CWD) has completed a $15.9 million perpetual convertible preferred stock transaction with an institutional investor. The company also announced the initiation of an at-the-market (ATM) stock offering plan, aiming to raise up to $50 million. The funds will be directed towards enhancing its digital asset treasury strategy, with a particular focus on increasing its holdings of Chainlink (LINK).
Caliber Secures $15.9M Convertible Preferred Stock Deal, Launches $50M ATM Offering
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.