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Stock impact report

ZETA NETWORK GROUP (NASDAQ: ZNB) STRENGTHENS BALANCE SHEET WITH USD 231 MILLION BITCOIN-BACKED INVESTMENT AMID MARKET TURBULENCE

Zeta Network Group - Class A Ordinary Shares (ZNB) 
Company Research Source: PR Newswire
Strategic PIPE transaction enhances Zeta Network Group's digital treasury with fully collateralized SolvBTC assetsNEW YORK, Oct. 15, 2025 /PRNewswire/ -- Zeta Network Group (Nasdaq: ZNB) today announced that it has entered into a securities purchase agreement in a private placement for an aggregate of US$230,837,060.2 of (1) its Class A ordinary shares; (2) warrants entitling the Purchaser to purchase one Class A ordinary share for one warrant, exercisable at a price of $2.55 per Class A ordinary share, at a combined offering price of $1.7 per Class A ordinary share and warrant to purchase one Class A ordinary share.The aggregate gross proceeds of US$230,837,060.2 are payable in BTC or SolvBTC, which is a 1:1 wrapped Bitcoin-backed token issued by Solv Protocol, an on-chain Bitcoin reserve providing institutional mechanisms for the productive use of Bitcoin holdings. The private placement is expected to close on October 16, 2025, subject to customary closing conditions. This private p Show less Read more
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