Swedish Bitcoin Treasury Company H100 Group Announces Rights Issue to Raise 10 Million Swedish Kronor
Swedish Bitcoin Treasury company H100 Group announced that its board of directors has approved the issuance of up to 1,792,114 new shares of the company, with a subscription price of 5.58 Swedish Krona per share, intending to raise 10 million Swedish Krona through the issuance of new shares. The investor is TOBAM Bitcoin Alpha Fund. The new funds will enable the company to seek investment opportunities within its Bitcoin fund strategy framework while maintaining a flexible and balanced capital structure.
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