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Bezero raises about $25 million through private placement of special warrants

Newsfile +1 ·

AIBZ
AIBZ Bitzero Holdings Inc
$3.03 +3.77%
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  1. 1Bezero Holdings (AIBZ) has closed a private placement of special warrants, raising a total of approximately $25 million.
  2. 2It issued 5,828,342 special warrants at $4.25 per warrant, which will be automatically converted into one share of common stock and a warrant with a five-year maturity at $5.00 per share.
  3. 3The net proceeds will be used for general corporate purposes, including debt repayment, product and service development, potential acquisitions, and working capital.

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