Digital Currency X Technology issues warrants in $5 million registered direct offering
DCX•Registered direct offering terms
Digital Currency X Technology priced a registered direct offering of 23,809,530 ordinary shares or pre-funded warrants at $0.21.
- Each share includes one Series A warrant, exercisable immediately at $0.44, expiring five years from issuance.
- Each share also includes one Series B warrant, exercisable immediately at $0.21 per unit, expiring 30 days from issuance.
- Exercise of a Series B warrant delivers one ordinary share, plus one new Series A warrant on the same terms as the original.
Expected proceeds and closing date
Gross proceeds are expected to be about $5 million, with closing targeted on or about Sept. 21, 2026.
