Odaily Planet Daily News Encrypted mining company Meten Holding Group announced that it has signed a subscription agreement with two foreign investors (including institutional investor Future Satoshi Ltd and individual investors) to issue and sell 4 million ordinary shares of the company with a par value of $0.003 per share; total proceeds of $1,000,000, or $0.25 per share.
The Company expects the transaction contemplated by the Subscription Agreement to close on or about August 16, 2023. The company plans to use the proceeds to purchase additional mining machines, which are expected to further increase the total hashrate of its cryptocurrency mining machines. (PRNewswire)