Zeta Network Group Inc. (NASDAQ: ZNB) has entered into a securities purchase agreement with institutional investors to issue and sell up to $10 million in senior 10% original issue discount (OID) convertible notes and warrants. The issuance will occur in two phases, with the first tranche involving $6 million in notes expected to net approximately $5.4 million, scheduled for completion around March 12, 2026. The second tranche is anticipated no earlier than May 12, 2026. The funds will primarily be used to purchase Bitcoin to bolster reserves and support the development of its Bitcoin-centric institutional financial platform, as well as for general working capital needs.
Zeta Network to Raise $10M for Bitcoin Purchases and Platform Development
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