RocketFuel Blockchain, Inc (RKFL) Announces 6.67M Direct Share Offering at $0.75/sh

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RocketFuel Blockchain, Inc. Announces $5.0 Million Registered Direct Offering

November 2, 2021 8:00 AM EDT

SAN FRANCISCO, Nov. 02, 2021 (GLOBE NEWSWIRE) -- RocketFuel Blockchain, Inc. (OTC: RKFL) (RocketFuel or the Company), a global provider of one-click online payment solutions using Bitcoin and other cryptocurrencies, today announced that it has entered into a definitive agreement with certain institutional investors for the issuance and sale of an aggregate of 6,666,667 shares of its common stock (or common stock equivalents) and warrants to purchase up to an aggregate of 6,666,667 shares of common stock, at a combined purchase price of $0.75 per share and accompanying warrant in a registered direct offering. The gross proceeds to... More