other material
confidence high
sentiment neutral
materiality 0.70
Blockchain Digital closes full over-allotment, raises $8.25M additional gross
BlockchAIn Digital Infrastructure, Inc.
- Lucid Capital Markets exercised in full the over-allotment option for 4,999,999 shares at $1.65/share.
- Additional net proceeds of $7,754,998 after underwriting discounts; total offering gross $63.25M.
- Company issued 200,000 representative warrants at $1.815/share, exercisable until June 5, 2031.
- Proceeds to be used for working capital, capex, and general corporate purposes.