TechFlow news, on September 17, Nasdaq-listed Caliber announced it has entered into a securities purchase agreement with an institutional investor to sell $15.9 million of perpetual convertible preferred stock, with proceeds to be used for increasing its holdings in LINK tokens. The company intends to issue 15,868 shares of Series B Preferred Stock at a purchase price of $1,000 per share, resulting in total proceeds of $15,868,000. The company also announced that it has filed a prospectus supplement with the U.S. Securities and Exchange Commission ("SEC") to launch an ATM program. Sales under the program will be made pursuant to the company's existing shelf registration statement of $50 million.
Add to Favorites
Share to Social Media
