Bit mining announces us$9.3 million registered direct offering

Hong kong , aug. 16, 2022 /prnewswire/ -- bit mining limited (nyse: btcm) ("bit mining" or the "company"), a leading technology-driven cryptocurrency mining company, today announced that it has entered into a securities purchase agreement with certain institutional investors for the purchase and sale of 15 ,566,665 of the company's american depositary shares ("adss"), series a warrants to purchase up to an aggregate of 15 ,566,665 adss and series b warrants to purchase up to an aggregate of 15,566,665 adss, at a combined purchase price of us$0.60 per ads and associated warrants, in a registered direct offering. each ads represents ten (10) class a ordinary shares, par value us$0.00005 per share, of bit mining.
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