Antalpha is about to go public on Nasdaq, with an IPO price of US$12.80 and plans to raise nearly US$50 million
According to online reports, according to GlobeNewswire, Antalpha, a crypto-financial technology company that focuses on serving Bitcoin mining companies, announced that it will issue 3.85 million shares of common stock at a price of US$12.80 per share with the stock code "ANTA", which will be listed on the Nasdaq Global Market today. The IPO is expected to raise approximately US$49.3 million, with a maximum of US$56.7 million after over-allotment exercise. The proceeds will be used for product development, global expansion, customer financing support, and investment in Bitcoin and digital gold.
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