TAO Synergies, a US-listed treasury company, announced that it is raising $11 million in private equity financing.
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最新报道：According to Bijie.com, on October 14, TAO Synergies Inc. (NASDAQ: TAOX), the US-listed TAO treasury company, announced the completion of an $11 million private placement. This round of financing included participation from existing shareholder and TAO strategic advisor James Altucher, as well as new investor DCG. The financing involved the issuance of 11,000 newly issued Series E convertible preferred shares with a par value of $1,000 per share, convertible into common stock at a price of $8 per share. Five-year common stock warrants with an exercise price of $8 per share were also issued. James Altucher stated that this financing will further support the company's strategic investment in the TAO token, as well as potential opportunities to generate revenue and accumulate more TAO tokens within the Bittensor ecosystem. The transaction is expected to close around October 15.
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