According to Techub News and reported by Businesswire, the cross-border consumer goods e-commerce group DDC Enterprise (NYSE: DDC), listed in the US stock market, announced the completion of a $528 million fundraising. Investors include Anson Funds, Animoca Brands, Kenetic Capital, QCP Capital, and others. The vast majority of the total proceeds from the financing will be used to purchase Bitcoin.
DDC has signed three securities purchase agreements, and this financing includes three parts: a $26 million equity PIPE investment, $300 million in convertible guaranteed notes, and a $200 million equity credit facility.
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According to Techub News and reported by Businesswire, the cross-border consumer goods e-commerce group DDC Enterprise (NYSE: DDC), listed in the US stock market, announced the completion of a $528 million fundraising. Investors include Anson Funds, Animoca Brands, Kenetic Capital, QCP Capital, and others. The vast majority of the total proceeds from the financing will be used to purchase Bitcoin.
DDC has signed three securities purchase agreements, and this financing includes three parts: a $26 million equity PIPE investment, $300 million in convertible guaranteed notes, and a $200 million equity credit facility.