BETS - What's Going On With Crypto-Related Stock Bit Brother? | Benzinga
Bit Brother Ltd (NASDAQ: BETS) shares are trading higher by 16.7% to $0.039 Wednesday morning, rebounding following Tuesday weakness, after the company on Tuesday announced a deal to sell $12.0 million worth of Class A ordinary shares, Class D warrants and Class E warrants to accredited investors through a registered direct offering.
The offering includes 184,615,385 Class A ordinary shares with associated Class D and Class E warrants, sold at $0.065 per share. Class D warrants can be exercised immediately at $0.06 for five years, subject to adjustments after ...