# preSPAX

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BG's per IPO #preSPAX has already raised 160 million, with a hard cap of 1 billion. Subscription ends at 2 PM, tokens are distributed at 6 PM, and spot trading begins at 8 PM.
This kind of financial opportunity is rare and hard to come by. Those who qualify should try to fully participate, and since it doesn't lock funds much, you can put in before 2 PM and sell directly at 8 PM. No matter how much, it's worth participating. Not joining would be a bit of a waste.
And there are activities after the new issuance
Exclusive high-yield for new IPOs: Enjoy up to 6% APR on USDT savings!
New VIP priv
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GateUser-4d2d061e:
I'm just worried that in the end there will be another delay in issuing tokens/delaying the opening. I've seen similar schemes before where they drag things out, and BG hopes to be more stable this time.
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