Mainstream Cryptocurrencies
Search documents
Yueda Digital Holding Announces Pricing of $28 Million Registered Direct Offering
Prnewswire· 2025-10-15 13:29
Core Viewpoint - Yueda Digital Holding has entered into a definitive agreement for a registered direct offering of 28 million units, aiming to raise approximately $28 million, with each unit priced at $1.00, consisting of one ordinary share and one warrant [1][2]. Group 1: Offering Details - The offering includes 28,000,000 units, each comprising one ordinary share and one warrant, at a price of $1.00 per unit [1]. - The warrants will have an exercise price of $1.00 per ordinary share and can be exercised from the issuance date until six months after [2]. - The expected gross proceeds from this offering are approximately $28 million, with the transaction anticipated to close around October 16, 2025, pending customary closing conditions [2]. Group 2: Company Overview - Yueda Digital Holding focuses on the long-term accumulation of mainstream cryptocurrencies through treasury allocations, strategic investments, and capital transaction proceeds [4]. - The company's principal activities include active treasury management of digital assets, exploring compliant yield opportunities, selective investments in Web3 infrastructure, and providing advisory services for enterprises entering the digital-asset economy [4]. - Yueda operates with a compliance-first mindset and aims to support the growth of open blockchain networks while compounding long-term value [4].
AirNet Technology Inc. Announces Name Change to Yueda Digital Holding, Ticker Symbol Change to YDKG, and Share Re-designation
Prnewswire· 2025-09-18 15:30
Company Name Change - AirNet Technology Inc. will change its name to "Yueda Digital Holding" effective September 19, 2025, and its ticker symbol will change from "ANTE" to "YDKG" [1] Shareholder Approval - The shareholders approved the re-designation of shares, converting each ordinary share to one Class A ordinary share and each preferred share to one Class B ordinary share [2] Business Focus - Yueda Digital Holding is a Web3 and digital-economy company focused on the long-term accumulation of mainstream cryptocurrencies through treasury allocations, strategic investments, and capital transactions [3] - The company's principal business activities include active treasury management of digital assets, exploring compliant yield opportunities, selective investments in Web3 infrastructure, and providing advisory services for enterprises entering the digital-asset economy [3]