According to Huoxing Finance, Hyperliquid Strategies, the native treasury company of Hyperliquid, announced that it has expanded its equity purchase agreement with Chardan Capital Markets from $1 billion to $2.5 billion. After the initial sale of $1 billion, any further stock sales below $12.02 will be subject to the Nasdaq 19.99% exchange cap unless approved by shareholders.
Hyperliquid Strategies Expands Equity Purchase Agreement to $2.5 Billion
MarsBitShare
Hyperliquid Strategies, the treasury arm of Hyperliquid, has increased its equity purchase agreement with Chardan Capital Markets from $1 billion to $2.5 billion. Additional stock sales below $12.02 will be subject to the Nasdaq 19.99% cap unless approved by shareholders. Exchange flows remain a key focus as altcoins gaining traction continue to influence market trends.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.