AirNet Technology completes US$180 million in financing, all of which will be paid in digital assets
Online reports that Nasdaq-listed company AirNet Technology Inc. (Stock code: ANTE) announced the completion of its previously announced private placement, raising a total of approximately US$180 million through the sale of 80,826,225 common shares and accompanying warrants. It is worth noting that the financing was all paid in digital assets, including approximately 819.07 bitcoins and 19,928.91 Ethereum (before deducting issuance fees). AirNet CEO Dan Shao said the financing marks a new chapter for the company, and the company has hired an experienced team of cryptocurrency professionals to develop a comprehensive development strategy for the company.
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