Canton Treasury Company Tharimmune Plans to Raise $55 Million Through Stock Registration Offering

Odaily News: Nasdaq-listed Canton treasury company Tharimmune announced plans to raise $55 million through a registered stock offering. The company will issue 1,800,000 shares of common stock at a price of $2.92 per share, along with pre-funded warrants. Each pre-funded warrant allows the purchase of up to 17,000,000 shares of common stock at a price of $2.9199 per warrant. The fundraising transaction is expected to be completed on January 21. The new funds will be used to continue expanding its digital asset management strategy centered around the Canton Network token. (PRNewswire)