XRP Reserve Company Webus Receives $100 Million Credit Line from Ripple Strategy
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币界网报道：Webus, a Chinese customized car service platform, announced that it has signed a conditional securities purchase agreement with Ripple Strategy Holdings to obtain a preferred equity credit line of up to $100 million. After the U.S. Securities and Exchange Commission (SEC) registration statement becomes effective and the company's existing underwriters agree, the $100 million commitment will be issued at the company's discretion within 24 months, with each draw amount ranging from $250,000 to $3 million, depending on market conditions and capital needs. [Coin World]
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