NFT Ltd. completes securities offering with institutional investors
1 report, 1 independent
Updated Thu 00:00
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What happened
NFT Ltd. announced it signed a securities purchase agreement with institutional investors for a registered direct offering. The offering involves the sale of 1,000,000 units, each consisting of an Ordinary Share or a pre-funded warrant and one Common Warrant. The company expects to raise approximately $1.0 million in gross proceeds from the offering.
From manilatimes.net
Why it matters
NFT Ltd., which operates as an online trading platform for international art and collectibles, secured capital through this offering. The expected gross proceeds of $1.0 million provide funding for the company's operations.
From manilatimes.net