According to Bitcoin Depot’s official statement, the Nasdaq-listed Bitcoin ATM company intends to raise $15 million by selling over 4.28 million shares at $3.50 each, with the deal closing around October 8.
Bitcoin Depot announced an official registered direct offering to sell 4,285,716 Class A common shares at $3.50 per share, aiming to raise approximately $15 million. The offering, expected to close on or around October 8, is subject to customary closing conditions. The Nasdaq-listed Bitcoin ATM operator stated that proceeds will support general corporate purposes and expansion plans.