AirNet Technology Raises $180M in Nasdaq-Listed Crypto-Funded Placement, Collects 819.07 Bitcoin and 19,928.91 Ethereum
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Nasdaq-listed AirNet Technology announced completion of a private placement that issued 80,826,225 common shares with accompanying warrants, raising approximately $180 million, according to COINOTAG News on August 28. The transaction represents a finalized capital raise reported by the company.
AirNet disclosed that the entire subscription consideration was paid in digital assets, specifically about 819.07 Bitcoins and 19,928.91 Ethereums, with the company providing the crypto payment totals as part of its transaction details.
The public notice of this financing, published by COINOTAG News on August 28, supplies concrete figures and payment composition for stakeholders assessing the company’s reported capital structure and asset receipts.