Abits Group Inc Announces Closing of $2.1 Million Registered Direct Offering
Abits Group Inc - Ordinary Shares (ABTS)
Company Research
Source: GlobeNewswire
HONG KONG, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Abits Group Inc (NASDAQ: ABTS) (the “Company”), a new generation digital center with inhouse bitcoin mining operations, today announced the closing of the previously announced registered direct offering with institutional investors of approximately $2.1 million of Ordinary Shares and pre-funded warrants at a price of $2.65 per Ordinary Share. The entire transaction was priced at the market under Nasdaq rules. The offering consisted of the sale of 792,452 Ordinary Shares or Pre-Funded Warrants. The price per Ordinary Share was $2.65 (or $2.64999 for each Pre-Funded Warrant, which is equal to the offering price per Ordinary Share sold in the offering minus an exercise price of $0.00001 per Pre-Funded Warrant). The Pre-Funded Warrants are immediately exercisable and may be exercised at any time until exercised in full. Aggregate gross proceeds to the Company were approximately $2.1 million. The transaction closed on February 24, 2026. The
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News
- Abits Group prices 792,452 shares at $2.65 in registered direct offering [Yahoo! Finance]Yahoo! Finance
- Abits Group Inc Announces $2.1 Million Registered Direct Offering Priced at the Market Under Nasdaq RulesGlobeNewswire
- ABITS Group maintains growth momentum in its third quarter of 2025GlobeNewswire
ABTS
Sec Filings
- 2/26/26 - Form 6-K
- 2/24/26 - Form 424B5
- 12/31/25 - Form 6-K
- ABTS's page on the SEC website