Why Is MEI Pharma Stock Soaring On Friday? - MEI Pharma (NASDAQ:MEIP)

Why Is MEI Pharma Stock Soaring On Friday? - MEI Pharma (NASDAQ:MEIP)

MEI Pharma, Inc. (NASDAQ:MEIP) stock is trading higher on Friday, with a session volume of 35.64 million compared to the average volume of 29.8K, as per data from Benzinga Pro. The company on Friday entered into a private investment in public equity (PIPE) for the purchase and sale of 29.2 million shares $3.42 per share, for expected aggregate gross proceeds of approximately $100 million. In connection with the closing of the transaction, MEI wi…

MEI Pharma Unveils £100 Million Litecoin Treasury Strategy - Chris on Crypto

San Diego-based pharmaceutical firm MEI Pharma has announced a $100 million private placement to establish Litecoin as its primary treasury reserve asset. The company has agreed to sell shares of common stock at $3.42 per share, with the transaction set to close around 22 July 2025, subject to normal conditions. All proceeds will be used … Read more "MEI Pharma Unveils £100 Million Litecoin Treasury Strategy" The post MEI Pharma Unveils £100 Mil…

Nasdaq-listed MEI Pharma launches $100M Litecoin treasury plan, stock rockets 50%

MEI Pharma's Litecoin initiative signals growing institutional crypto adoption, potentially boosting Litecoin's legitimacy and market presence. The post Nasdaq-listed MEI Pharma launches $100M Litecoin treasury plan, stock rockets 50% appeared first on Crypto Briefing.

First Strategy, Now MEI Pharma: Litecoin Joins Bitcoin As Treasury Asset

MEI Pharma (NASDAQ:MEIP) has launched a $100 million Litecoin (CRYPTO: LTC) treasury program, backed by Titan Partners Group and crypto investment firm GSR. The move includes the appointment of Charlie Lee, the creator of Litecoin, to MEI's Board of Directors. The Litecoin Foundation has also…