🚀 Fundamental Global Inc. launches a securities offering for $5 billion with a focus on Ethereum! 💰🔗
🔹 The company plans to issue shares in multiple tranches, adjusting size and price according to the market, with a special agreement with ThinkEquity to offer up to $4 billion through an at-the-market (ATM) sale.
🔹 If the ATM route is not utilized, they can raise the $5 billion through other methods.
🔹 The majority of the capital will be directly invested in the purchase of Ethereum 🪙, seeking to leverage its appreciation and blockchain adoption.
🔹 The remainder will be used for operating expenses and working capital.
🔹 They are in compliance with SEC regulations and limitations based on their current float value (~$32M), but if it rises to over $75M they could expand the offering.
🔹 Shares listed on Nasdaq under symbols FGF (common) and FGFPP (preferred).
⚠️ A strategy that mixes digital innovation with solid operations! Ideal for those betting on the growth of crypto and blockchain. 🌐💡
