TechFlow news, September 24 — According to Newsfile Corp, publicly traded company Autris (OTCID: AUTR) announced the completion of its acquisition of BitCorp Capital, aiming to significantly expand its Bitcoin reserve strategy. As consideration for the transaction, Autris issued 30 million profit-sharing shares to the sellers, which will be released incrementally based on performance metrics such as net asset growth and financing achievements.
In addition, Autris announced plans to raise up to $30 million from accredited investors under Regulation D 506(b), and intends to list its shares on a major exchange such as Nasdaq or the New York Stock Exchange, moving from the over-the-counter market.
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