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Propanc Biopharma Announces Plan to Acquire $100 Million of Ethereum
Globenewswire· 2025-09-02 13:00
Core Viewpoint - Propanc Biopharma plans to acquire $100 million of Ethereum over the next 12 months to enhance its corporate strategy, which includes cryptocurrency exposure, pharmaceutical drug development, and asset acquisition [1]. Group 1: Corporate Strategy - The acquisition of Ethereum is aimed at diversifying assets, addressing cash flow needs during the pre-revenue stage, and accelerating future revenue growth potential [1]. - The company intends to use proceeds from the acquisition to support pharmaceutical drug development costs and pursue IP asset acquisition opportunities in biotechnology [6]. Group 2: Investment Rationale - Bitcoin has shown cumulative gains of over 20,000,000% since 2011, significantly outperforming the Nasdaq 100 and US Large Caps, which returned 541% and 282% respectively [2]. - Ethereum's 5-year return has been significantly higher than traditional investments, making it an attractive option for asset diversification [2][7]. Group 3: Advantages of Ethereum - Ethereum supports smart contracts and decentralized applications, making it a more versatile platform compared to Bitcoin [5]. - The transition to a 'proof of stake' consensus mechanism allows for faster and more energy-efficient transactions than Bitcoin's 'proof of work' system [5]. - Tokenization on Ethereum offers enhanced liquidity, global accessibility, increased security, and greater cost efficiency, positioning it as a leading platform for tokenizing Real-World Assets [6]. Group 4: Company Background - Propanc Biopharma is focused on developing novel cancer treatments targeting cancer stem cells in patients with pancreatic, ovarian, and colorectal cancers [9][10]. - The company operates under a flexible corporate structure, allowing it to act as a holding company while commercializing and spinning off key IP assets in the future [8].
Propanc Biopharma Announces Closing of Public Offering and Uplisting to NASDAQ
Globenewswire· 2025-08-19 12:30
Core Viewpoint - Propanc Biopharma, Inc. has successfully completed an underwritten public offering of 1,000,000 shares at a price of $4.00 per share, raising a total of $4 million in gross proceeds before expenses [1][2]. Group 1: Offering Details - The shares commenced trading on the Nasdaq Capital Market under the ticker symbol "PPCB" on August 15, 2025 [1]. - The offering included a 45-day option for the underwriter to purchase an additional 150,000 shares at the public offering price [2]. - The closing of the initial public offering occurred on August 18, 2025 [2]. Group 2: Management and Legal Counsel - D. Boral Capital LLC and Craft Capital Management LLC served as the book running managers for the offering [3]. - Legal counsel for the Company was provided by Brunson Chandler & Jones PLLC, while Sichenzia Ross Ference Carmel LLP acted as counsel to the underwriters [3]. Group 3: Company Overview - Propanc Biopharma, Inc. is focused on developing novel cancer treatments aimed at preventing recurrence and metastasis of solid tumors, particularly targeting pancreatic, ovarian, and colorectal cancers [6]. - The company's approach utilizes pancreatic proenzymes to target and eradicate cancer stem cells [6][7].
Propanc Biopharma Announces Nasdaq Uplisting and Pricing of $4 Million Public Offering
Globenewswire· 2025-08-15 03:00
Core Points - Propanc Biopharma, Inc. is set to begin trading on Nasdaq under the symbol PPCB after pricing an underwritten public offering of 1,000,000 shares at $4.00 per share, expected to yield approximately $4 million in gross proceeds [1][2] - The offering is anticipated to close on August 18, 2025, and includes a 45-day option for the underwriter to purchase an additional 150,000 shares [2][3] - The company’s shares were previously quoted on the OTC Markets, Pink Tier, and will cease to be quoted as of August 14, 2025, with no action required from stockholders [3] Company Overview - Propanc Biopharma, Inc. is focused on developing novel cancer treatments aimed at preventing recurrence and metastasis of solid tumors, specifically targeting pancreatic, ovarian, and colorectal cancers [6][7] - The company’s therapy utilizes pancreatic proenzymes to target and eradicate cancer stem cells, leveraging the body's natural defense mechanisms against cancer [6][7]