Three Major Companies Announce $1.7 Billion in BNB Treasury Allocations, CZ Reacts
18 Articles
18 Articles
CEA Industries and 10X Capital, with the support of YZi Labs, announce $500 Million Private Placement to Establish Largest Publicly-Listed $BNB Treasury Company in the World (NASDAQ:VAPE)
Upsized PIPE offering with potential to deliver up to $1.25 billion of gross proceeds
This Vape Company Aims to Establish the Largest Publicly-Traded BNB Treasury Firm in the US
CEA Industries Inc., a Canadian vape company, saw its stock surge by 550% following its pivot into digital assets. The entity announced it had priced an oversubscribed and upsized PIPE financing round, backed by 10X Capital and YZi Labs, in a bid to transform into a BNB-focused treasury vehicle. BNB Treasury Move In an official press release, CEA said that it aims to become the largest publicly traded BNB treasury company in the United States an…
Largest Publicly-Listed BNB Treasury To Launch In The US With $500 Million Raise
Vape company CEA Industries and venture capital firm 10X Capital, supported by YZi Labs (formerly Binance Labs), have announced a $500 million private placement aimed at establishing the largest publicly listed Binance Coin (BNB) treasury company. New BNB Treasury Strategy The offering comprises a common equity Private Investment in Public Equity (PIPE), which will generate $500 million in gross proceeds—$400 million in cash and $100 million in …
BNB All-Time High at $859 Sparks Strong Rally Amid Big Demand
According to sources, BNB’s all-time high of $855 marks a major change, as large investors are now entering the market with strong confidence, showing a big change in how the crypto market views the token.This shows that BNB is no longer just seen as a token for traders, but as something trusted by big investors. BNB slightly dropped to $847.5, but it still stayed well above its earlier high of $808. This new level comes after a 32% rise in one …
CEA Industries To Launch $500M BNB Treasury, Aiming To Become Largest Public Holder - FinanceFeeds
CEA Industries (Nasdaq: VAPE) has announced a dramatic pivot from its legacy business into the crypto sector, unveiling a $500 million private investment in public equity (PIPE) deal to launch what it says will become the world’s largest publicly listed BNB treasury company. The PIPE, co-led by 10X Capital and crypto-native YZi Labs, includes $400 million in cash and $100 million in crypto commitments, with an option to scale up to $1.25 billion…
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