Caliber intends to raise US$15.9 million for the increase in LINK tokens
Source: ChainCatcher
Time: 2025-09-17 19:52:43
According to ChainCatcher, Nasdaq listed company Caliber announced that it has entered into a securities purchase agreement with an institutional investor to sell permanent convertible preferred shares worth $15.9 million, with funds to be used to increase its holdings of LINK tokens. The company intends to issue 15,868 shares of Series B preferred shares at a purchase price of $1,000 per share and total revenue of $15,868,000. The company also announced that it has filed a prospectus supplement with the Securities and Exchange Commission (“SEC”) to initiate an ATM program. The plan will be sold under the company's existing $50 million shelved registration statement.