TechFlow news, August 1 — According to Businesswire, NASDAQ-listed company Mill City Ventures III, Ltd. (NASDAQ: MCVT) has signed an equity line agreement with A.G.P./Alliance Global Partners, allowing it to sell up to $500 million in ordinary shares at its discretion. The agreement requires no commitment fees, and proceeds will support the company's SUI blockchain financial strategy.
Mill City Ventures is currently the only publicly traded company with a formal partnership with the Sui Foundation. Previously, the company completed a $450 million private placement and has begun implementing its SUI financial strategy.
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