CoinShares plans to go public in the US and aims to raise approximately $50 million.
According to ChainCatcher, citing GlobeNewswire, digital asset management firm CoinShares has announced plans to merge with Vine Hill Capital Investment Corp, a special purpose acquisition company listed on the Nasdaq Stock Market, and Jersey-based entity Odysseus Holdings Limited. The move aims to shift the listing venue of CoinShares' common shares from Nasdaq Stockholm Exchange to the US Nasdaq Stock Market.
In addition, the company plans to privately issue 5,000,000 common shares to private investors at a price of $10.04 per share, raising approximately $50 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ophir Metals names Eric Tsung CFO as Paul Robertson steps down
Toyo Tanso to Exhibit at ICSCRM 2026 Conference
Lyft director Jill Beggs sells 2,307 shares worth $40,015.34
Crypto prices
More
