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Galaxy Digital’s New Public Offering to Raise $100M

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

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Galaxy Digital Holdings Ltd. has announced a public offering, aiming to raise approximately $100 million by selling 9.75 million shares at C$14 each. The deal, advised by Canaccord Genuity Corp. and Galaxy Digital Partners LLC, also provides an option for additional shares potentially increasing the total proceeds. Scheduled to close on April 12, 2024, the proceeds are intended for working capital and other corporate purposes.

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

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