Prophecy DeFi Inc. plans to raise up to $350,000 through a non-brokered private placement of up to 7 million units priced at $0.05 each, with each unit comprising one common share and one warrant exercisable at $0.10 for five years. The financing, which remains subject to corporate and regulatory approvals and carries a four-month hold period on the securities, is intended to bolster the company’s working capital and cover general and administrative expenses, supporting its broader investment activities in blockchain and decentralized finance ventures. Prophecy DeFi Inc. is a publicly traded investment company focused on generating returns through capital appreciation and income by investing in technology start-ups in the blockchain and decentralized finance sectors. The company aims to fund innovation, support industry research and create new business opportunities within a coherent DeFi and blockchain ecosystem.
Prophecy DeFi Plans Private Placement to Raise Up to $350,000 for DeFi Ventures
Prophecy DeFi plans a non-brokered private placement to raise up to $350,000 through up to 7 million units at $0.05, with five-year warrants at $0.10, to fund working capital and G&A.
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