Gate News bot message, Siebert Financial Corp. (Nasdaq: SIEB) announced that its S-3 shelf registration statement submitted to the United States SEC has officially become effective. Through this registration statement, the company is able to raise up to $100 million by selling various securities.
According to the announcement, the raised funds are planned to be used for potential acquisitions, purchasing digital assets such as Bitcoin, Ethereum, Solana, and investing in fields like artificial intelligence technology services, including the development of AI solutions.
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Siebert Financial has received SEC approval for a shelf registration statement intending to raise $100 million to invest in Crypto Assets.
Gate News bot message, Siebert Financial Corp. (Nasdaq: SIEB) announced that its S-3 shelf registration statement submitted to the United States SEC has officially become effective. Through this registration statement, the company is able to raise up to $100 million by selling various securities.
According to the announcement, the raised funds are planned to be used for potential acquisitions, purchasing digital assets such as Bitcoin, Ethereum, Solana, and investing in fields like artificial intelligence technology services, including the development of AI solutions.
Source of information: Wu Shuo
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