Bit Brother Limited (BTB) Prices 1.57M Share Offering at $4.50/sh

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Bit Brother Limited Announces Pricing of $7.1 Million Registered Direct Offering

January 18, 2023 9:25 AM EST

CHANGSHA, China, Jan. 18, 2023 /PRNewswire/ -- Bit Brother Limited ("Bit Brother, " "We" or the "Company") (NASDAQ: BTB), announced today that it has entered into a securities purchase agreement with certain accredited investors to sell $7.1 million of its ordinary shares and warrants in a registered direct offering.

Under the terms of the securities purchase agreement, Bit Brother has agreed to sell 1,569,444  ordinary shares and warrants to purchase 2,354,166  ordinary shares. The warrants will be exercisable immediately upon the... More