SharpLink Chairman: Considering convertible notes financing to ease stock price pressure
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最新报道：According to Bijie.com, Joseph Lubin, Chairman of the Board of SharpLink and Founder and CEO of ConsenSys, stated that the company is considering issuing convertible notes to raise funds to stabilize its share price without immediate dilution. Lubin noted that SharpLink previously sold shares through an ATM (at-the-market) method, diluting the equity of SBET investors and triggering market panic, causing the company's share price to plummet from $37 to below $20 within two weeks. Financing through convertible notes will temporarily reduce the number of shares outstanding, helping to alleviate short-term selling pressure, but it may still bring some risk of equity dilution.
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