Canton Treasury Company Tharimmune plans to raise $55 million through stock registration and issuance

Odaily Planet Daily reports that Nasdaq-listed Canton Treasury Company Tharimmune announced it will raise $55 million through a stock registration issuance. The company will issue 1,800,000 common shares at a price of $2.92 per share, along with pre-paid warrants, each of which can purchase up to 17,000,000 common shares at a price of $2.9199 per warrant. The fundraising transaction is expected to be completed by January 21. The new funds will be used to continue expanding its digital asset management strategy centered around the Canton Network token. (PRNewswire)