🚀 Rectitude Holdings Launches Bitcoin Treasury Strategy
📅 Date: Sept 8, 2025
💰 Deal Size: $32.6M via Share Equity Purchase Agreement (SEPA)
🏢 Company: Rectitude Holdings Ltd. (Nasdaq: RECT)
💡 Strategy: Funds raised will primarily go to acquiring Bitcoin, with the remainder for corporate purposes
🤝 Investors: Includes Constantinople Limited
⚖️ Details: SEPA allows issuance of common stock up to $32.6M, contingent on F-1 registration effectiveness with the SEC
⚡ Takeaway: Traditional companies continue integrating Bitcoin into their treasury strategies, signaling growing corporate adoption.