- BIGG Digital Assets (BIGG) has closed a C$28.9 million bought deal financing
- The company sold 13,800,000 units for $2.10 per unit
- The company intends to use the proceeds for working capital and for cryptocurrency trading floats for Netcoins
- BIGG Digital Assets invests in products and companies to support the future of crypto as a safe, compliant and regulated environment
- BIGG Digital Assets (BIGG) is up by 1.81 per cent and is currently trading at $3.94 per share
BIGG Digital Assets (BIGG) has closed a C$28.9 million bought deal financing.
The company sold 13,800,000 units for $2.10 per unit. This includes 1,800,000 units tied to the underwriters’ over-allotment option.
Each unit consists of one common share and one-half of one common share purchase warrant.
Each warrant entitles the holder to acquire one common share for $2.70 for a period of 24 months from the closing of the offering.
BIGG intends to use the proceeds for working capital and for cryptocurrency trading floats for Netcoins.
PI Financial, Canaccord Genuity and Echelon Wealth Partners served as underwriters for the offering.
BIGG Digital Assets believes the future of crypto is a safe, compliant and regulated environment. The company invests in products and companies to support this vision such as Netcoins and Blockchain Intelligence Group.
BIGG Digital Assets (BIGG) is up by 1.81 per cent and is currently trading at $3.94 per share as of 10:58 am ET.