Canton-based treasury company Tharimmune plans to raise $55 million through a registered share offering.

According to ME News, on January 20th (UTC+8), Nasdaq-listed Canton treasury company Tharimmune announced a $55 million fundraising plan through a registered offering. The company will issue 1,800,000 common shares at $2.92 per share, along with prepaid warrants. Each prepaid warrant can purchase up to 17,000,000 common shares at $2.9199. The fundraising is expected to close on January 21st, and the new funds will be used to continue expanding its digital asset management strategy centered on the Canton Network token. (Source: ME)