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      Capital B Secures €7.6 Million Financing Subscribed by Adam Back, Plans to Acquire Additional 376 BTC

      PANews, September 2 - Capital B announced the completion of a EUR 7.6 million financing, subscribed by strategic investor Adam Back. The financing was conducted through a private placement of shares with warrants attached (ABSA) at EUR 0.58 per share, with approximately 13.1 million shares issued. If all warrants are exercised, it will bring an additional EUR 49.4 million in capital increase, issuing 52.724 million ordinary shares. Each ABSA comes with 4 warrants, with exercise prices of EUR 0.75, EUR 0.98, and EUR 1.27 respectively. The issue price represents a 15.4% premium over the September 1 closing price. The financing proceeds, together with ongoing operating funds, can increase holdings by 376 BTC, bringing the company's total holdings to 3,521 BTC.


      Source: PANews
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud