Nasdaq-listed company Tharimmune (stock code THAR) recently completed a $55 million private placement. The financing size is significant: issuing 1.8 million common shares at $2.92 per share, with up to 17 million warrants.



How will the money be spent? The company explicitly states that the proceeds will mainly be used for two purposes: first, to expand the core strategy based on the Canton Network digital asset vault; second, to supplement operational funds. Canton Network is a key term here, indicating that Tharimmune considers it an important infrastructure for its digital asset layout.

Tharimmune's position in this field is also noteworthy — they claim to be the first to
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LiquidityNinjavip
· 4h ago
Canton Network is raising funds again, this time 55 million. I wonder how long it can last. Tharimmune is now starting to play with digital asset vaults? Feels a bit like following the trend. The funding price is $2.92... how much does it need to rise to break even, friends? It's both a private placement and warrants, the tactics are becoming more familiar. Canton is hyping so much, can it really be implemented or is it just another PPT concept? Raising funds is just raising funds; the key is how the team spends the money. Don't burn through cash without results again. What about the first one? Aren't the previous ones included? Haha
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DAOdreamervip
· 4h ago
Canton sounds reliable, but can THAR's recent funding truly move the market? The warrants all look complicated; anyway, it's just betting they can outperform. Spending 55 million might barely cover operational costs; can the digital treasury really take off? Wait, what exactly is the first "first," the headline isn't complete. Whether Canton Network is hot or not mainly depends on application implementation; just talking about strategy isn't enough. How will the stock price move after this round of funding? At only 2.92, it seems like there's plenty of room for growth. Another project relying on concept-based funding, but the treasury concept is indeed fresh. Trading 180,000 shares for $2.92, the investors' vision still shows some insight.
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MoonRocketmanvip
· 4h ago
$55 million fuel injection, Canton Network's orbit is about to enter the optimal launch window. RSI indicator stacking bullish signals, preparing to break through the gravity resistance level. --- Warrants for 17 million shares? This tactic is a bit interesting. Retail investors, beware of being the bagholders. --- Digital asset vault + Canton infrastructure, the perspective coefficient looks good, but the core issue is whether liquidity can support atmospheric traversal. --- Pricing at 2.92 still allows for significant fundraising, indicating positive market expectations. The key is whether the performance can be delivered after financing; otherwise, it's just a paper rocket. --- First of its kind? That term is a bit overused. Being the first in the Web3 field has been heard too many times. Actual delivery is the real key. --- Whether Canton Network is worth this scale of financing depends on its TPS and security design. Pure hype around concepts has limited escape velocity. --- The proportion of operational funds supplemented is not clearly stated. This part is very critical. Don't end up discovering the main funds have been diverted elsewhere. --- Bollinger Band upper band resistance. Breakthrough requires volume support. The current entry window for THAR is a bit narrow; wait for a pullback.
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NFTregrettervip
· 4h ago
Canton Network is back again, this time raising funds through a different company... --- $55 million poured into the digital asset treasury, betting on whether this path can succeed? --- Wait, 17 million stock options? That leverage... is a bit intense. --- THAR's recent valuation is 2.92, it seems the future depends on whether Canton Network can really break out. --- Digital asset treasury, infrastructure—sounds grand, but what about the reality... --- After fundraising, operational funds need to be replenished? Shows they burned through cash pretty quickly before. --- First of its kind, core strategy, important infrastructure... keywords are stacked high, but execution is the key. --- Is the logic behind this round of funding to bet everything on Canton? A bit of an all-in move.
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SolidityNewbievip
· 4h ago
Haha, Canton Network is back. Is this round of funding really about making a move, or is it just another funding show?
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