Due to the recent frenzy of market expansion and coin buying among various publicly listed companies, the common financing methods of PIPE (Private Investment in Public Equity) and ATM (At-the-Market Offering) have been widely used in crypto concept stocks or crypto asset-backed companies. These two financing forms have a direct and significant impact on outstanding shares and shareholder value. The traditional stock market's data platforms are relatively slow and require several days to update the newly issued shares and market capitalization. Currently, there is no complete and accurate real-time data available.
To help readers stay up to date with the market, BlockBeats will continue to track the newly issued shares information of various hot coin-stock concept companies during financing, manually calculate the market value and crypto asset holdings of each company, and provide a more accurate reference for the basic mNAV value.
CEA Industries and 10X Capital, with the support of YZi Labs, announced a $500 million private placement to establish the world's largest publicly traded BNB financial company. The news was leaked in advance, causing the stock to surge over 1800% in pre-market trading. The company's stock price closed at just $8.88 last Friday with a market cap of only $7.47 million. Following the opening, the stock price jumped from Friday's closing price of $8.88 to an intraday high of $82.88.
From now on, this table will include Vape.
Following the disclosure in its Form S-3 filing on July 28th, BitMine (stock symbol BMNR) plummeted nearly 12% yesterday. The filing revealed the early investors' cost and unlock time, showing that after transforming into an Ethereum reserve company, BitMine issued a total of 60,674,098 common shares (assuming full exercise), resulting in a potential dilution of up to 58.8% compared to its original issued shares.
Whereas:
45,113,714 shares of common stock.
11,006,444 units of Pre-Funded Warrants (each exercisable for one share of common stock at an exercise price of $0.0001 per share. The Pre-Funded Warrants are immediately exercisable upon issuance or in accordance with the terms of the Pre-Funded Warrants and may be exercised at any time until all Pre-Funded Warrants are exercised in full).
3,192,620 units of Strategic Advisor Warrants, each exercisable at a price of $5.40 per share of common stock. The Strategic Advisor Warrants are immediately exercisable upon issuance or may be exercised in other manners in accordance with the terms of the Strategic Advisor Warrants.
1,231,945 units of Placement Agent Warrants, each exercisable for one share of common stock at an exercise price of $5.40 per share. The Placement Agent Warrants are immediately exercisable upon issuance or may be exercised in other manners in accordance with the terms of the Placement Agent Warrants.
129,375 units of Director Warrants, each exercisable for one share of common stock at an exercise price of $10.00 per share. The Director Warrants are exercisable on December 1, 2025, or thereafter.
The above data is current as of July 29th.
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