SPIRIT Blockchain Capital, Inc. (TSE:SPIR) has released an update.
Spirit Blockchain Capital Inc. is set to bolster its financial position by raising up to $2.5 million through the sale of 10 million units at $0.05 each and $2 million in convertible notes, aiming to fund its blockchain-focused investments and cover administrative costs. These investment vehicles offer shareholders and note holders potential for future conversion into common shares under specific terms over the coming months and years. The initiative is pending approval by the Canadian Securities Exchange and highlights Spirit’s commitment to expanding its presence in the digital economy.
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