Close Menu
StreamLineCrypto.comStreamLineCrypto.com
  • Home
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT
  • Defi
  • Blockchain
  • Metaverse
  • Regulations
  • Trading
What's Hot

Zcash price crashes 18% after vertical rally – is more downside ahead?

October 7, 2025

Bitcoin Rally is Fun, but Don’t Overlook RWAs: Crypto Daybook Americas

October 7, 2025

Here’s The Best Time To Buy Bitcoin As Impulse Wave Sets Path To $150,000

October 7, 2025
Facebook X (Twitter) Instagram
Tuesday, October 7 2025
  • Contact Us
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms of Use
  • DMCA
Facebook X (Twitter) Instagram
StreamLineCrypto.comStreamLineCrypto.com
  • Home
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT
  • Defi
  • Blockchain
  • Metaverse
  • Regulations
  • Trading
StreamLineCrypto.comStreamLineCrypto.com

KULR Technology Group Announces $300 Million ATM Offering To Invest In Their Bitcoin Treasury

June 9, 2025Updated:June 10, 2025No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
KULR Technology Group Announces 0 Million ATM Offering To Invest In Their Bitcoin Treasury
Share
Facebook Twitter LinkedIn Pinterest Email
ad


KULR Expertise Group, Inc. (NYSE American: KULR) introduced it has entered right into a Managed Fairness Providing Gross sales Settlement with Cantor Fitzgerald & Co. and Craig-Hallum Capital Group LLC, enabling the corporate to promote as much as $300 million of its frequent inventory in an at-the-market (ATM) providing to assist its Bitcoin treasury reserve.

Beneath the settlement, Cantor Fitzgerald will act as the only real gross sales agent, utilizing commercially affordable efforts to promote shares at market costs. The providing might be made underneath an current shelf registration and will happen every now and then primarily based on market circumstances and firm discretion.

As of June 6, 2025, KULR’s frequent inventory was buying and selling at $1.18 per share. The full variety of shares issued underneath the settlement won’t exceed the corporate’s licensed however unissued shares, after accounting for shares already reserved or dedicated.

“Our frequent inventory is listed and traded on the NYSE American LLC underneath the image ‘KULR,’” acknowledged the submitting.

KULR pays the gross sales brokers a fee of as much as 3.0% of the product sales proceeds. The brokers are thought of underwriters underneath the Securities Act of 1933, and KULR has agreed to indemnify them in opposition to sure liabilities.

“Our enterprise and an funding in our frequent inventory contain important dangers,” acknowledged the submitting. “These dangers are described underneath the caption “Danger Elements” starting on web page S-6 of this prospectus complement, and the chance components integrated by reference into this prospectus complement and the accompanying base prospectus.”

KULR began adopting bitcoin as their main treasury reserve asset in December 2024. Their technique focuses on buying and holding bitcoin by utilizing money flows that exceed working capital necessities, issuing fairness debt securities or elevating extra capital to buy extra Bitcoin.

“We view our bitcoin holdings as long run holdings and anticipate to proceed to build up bitcoin,” talked about the submitting on web page S-2. “Now we have not set any particular goal for the quantity of bitcoin we search to carry, and we’ll proceed to observe market circumstances in figuring out whether or not to have interaction in further bitcoin purchases. This total technique additionally contemplates that we could periodically promote bitcoin for basic company functions or in reference to methods that generate tax advantages in accordance with relevant regulation, enter into further capital elevating transactions, together with people who could possibly be collateralized by our bitcoin holdings, and contemplate pursuing methods to create revenue streams or in any other case generate funds utilizing our bitcoin holdings.”



Source link

ad
Announces ATM Bitcoin Group Invest KULR million offering technology Treasury
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Related Posts

Zcash price crashes 18% after vertical rally – is more downside ahead?

October 7, 2025

Bitcoin Rally is Fun, but Don’t Overlook RWAs: Crypto Daybook Americas

October 7, 2025

Here’s The Best Time To Buy Bitcoin As Impulse Wave Sets Path To $150,000

October 7, 2025

Ethereum Faces TD Sell Signal At Key Resistance—$4,100 Next?

October 7, 2025
Add A Comment
Leave A Reply Cancel Reply

ad
What's New Here!
Zcash price crashes 18% after vertical rally – is more downside ahead?
October 7, 2025
Bitcoin Rally is Fun, but Don’t Overlook RWAs: Crypto Daybook Americas
October 7, 2025
Here’s The Best Time To Buy Bitcoin As Impulse Wave Sets Path To $150,000
October 7, 2025
Ethereum Faces TD Sell Signal At Key Resistance—$4,100 Next?
October 7, 2025
Dutch crypto firm Amdax raises $35m to buy Bitcoin
October 7, 2025
Facebook X (Twitter) Instagram Pinterest
  • Contact Us
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms of Use
  • DMCA
© 2025 StreamlineCrypto.com - All Rights Reserved!

Type above and press Enter to search. Press Esc to cancel.