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Galaxy Digital Boosts Financing Deal to $125M
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Galaxy Digital Boosts Financing Deal to $125M

Galaxy Digital Holdings (TSE:GLXY) has released an update.

Galaxy Digital Holdings Ltd. has expanded its bought deal financing arrangement with Canaccord Genuity Corp. to approximately US$125 million, offering an additional 2,350,000 shares at C$14.00 each. The total shares now amount to 12,100,000, with the deal also including an over-allotment option for market stabilization. This financing, expected to close by April 12, 2024, will support Galaxy’s working capital and general corporate needs.

For further insights into TSE:GLXY stock, check out TipRanks’ Stock Analysis page.

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