SharpLink Gaming shares plunge more than 70% as S-3 filing sparks misunderstanding of PIPE investor divestment
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币界网报道：SharpLink Gaming's stock price plummeted more than 70% after hours on June 13, as it submitted an S-3 structure prospectus to the U.S. SEC, causing the market to misunderstand that PIPE investors had significantly reduced their holdings. The company announced in May that it had raised $425 million through PIPE to build an Ethereum treasury. Consensys CEO and SharpLink Chairman Joseph Lubin said that the "holdings after sale" column in the S-3 document was a hypothetical disclosure, not an actual reduction, and Consensys did not sell any shares. (Decrypt)
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