tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Zeta Network Group prices 15M shares at $1.00 in registered direct offering

Zeta Network Group (ZNB)entered into a definitive agreement with certain investors for the purchase and sale of an aggregate of 15,000,000 of the Company’s Class A ordinary share, par value $0.0025 per share at a purchase price of $1.00 per share in a registered direct offering. The purchase price for the pre-funded warrants is identical to the purchase price for Shares, less the exercise price of $0.0025 per share. The aggregate gross proceeds to the Company of this offering are expected to be approximately $15M. The transaction is expected to close on or about October 9, 2025, subject to the satisfaction of customary closing conditions. Univest Securities is acting as the sole placement agent.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1