NFT Ltd. Announces Pricing of $1.0 Million Registered Direct Offering
NFT Ltd. said it entered into a securities purchase agreement with institutional investors for a registered direct offering of 1,000,000 units at an effective price of $1.00 per unit. Each unit consists of a Class A ordinary share or a pre-funded warrant in lieu of a share, plus a warrant.
Why it matters — The offering terms provide MI watchers with details of the company’s announced securities issuance.