Bit mining announces closing of us$9.3 million registered direct offering

Hong kong , aug. 19, 2022 /prnewswire/ -- bit mining limited (nyse: btcm) ("bit mining" or the "company"), a leading technology-driven cryptocurrency mining company, today announced the closing of its registered direct offering previously announced on august 16, 2022, 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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