Bit Brother Limited prices $50M registered direct offering

Bit Brother Limited “announced that it has entered into a securities purchase agreement with certain accredited investors to sell $50M of its Class A Ordinary Shares in a registered direct offering. Under the terms of the securities purchase agreement, Bit Brother has agreed to sell 2B Class A Ordinary Shares. The purchase price for one Class A Ordinary Share will be $0.25. The gross proceeds to Bit Brother are estimated to be $50M before deducting the estimated offering expenses.”