Oblong (OBLG) Announces 1.99M Share Private Placement at $3.77/sh
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Oblong Announces $7.5 Million Private Placement to Launch Bittensor-Centric AI and Digital Asset Strategy
June 6, 2025 8:58 AM EDTStrategic Entry into Bittensor ($TAO) Ecosystem Positions Oblong as a Pioneer in Permissionless Intelligence Infrastructure
Capital to Support Cryptocurrency Treasury, Software Development, and Token-Based Revenue Streams
DENVER--(BUSINESS WIRE)-- Oblong, Inc. (Nasdaq: OBLG) (Oblong or the Company), a technology services provider specializing in innovative IT solutions, today announced it has entered into a securities purchase agreement to raise approximately $7.5 million through the sale of 1,989,392 shares of common stock (or common stock equivalents in lieu thereof) at $3.77 per share in a private placement priced... More
