Mill City Ventures III raises $450M in private placement to acquire Sui blockchain cryptocurrency

SUI Group Holdings Ltd.

Issued 75,881,625 shares at $5.42 and 7,144,205 pre-funded warrants at $5.4199 in $450M private placement.
Appointed Marius Barnett (Karatage co-founder) as Chairman and Dana Wagner (ex-Square GC) to the board.
Entered Strategic Advisor Agreement with Karatage for crypto treasury advisory; fee up to 0.80% annually.
Engaged Galaxy Digital Capital Management as asset manager for SUI cryptocurrency; fees 0.60%-0.80% per annum.
Signed agreement with Sui Foundation to purchase SUI tokens at 85% of 24-hour TWAP, with two-year lock-up.

item 1.01item 5.02item 3.02item 5.03item 8.01item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.