Coinbase teenib kasvu kiirendamiseks 1,250,000,000 XNUMX XNUMX XNUMX dollarit

Coinbase is preparing to raise billions of dollars in additional funding following its direct listing on the Nasdaq in April in an effort to accelerate its growth.

In a new statement, the US-based crypto exchange announces a plan to offer $1.25 billion of convertible senior notes in a private offering to institutional investors.

A senior convertible note is a type of debt security that can be converted into shares of the issuer. In the crypto exchange’s case, the firm ütleb the notes can be converted into cash, Coinbase’s class A common stock, or a combination of both.

“The notes will be senior, unsecured obligations of Coinbase, will accrue interest payable semi-annually in arrears and will mature on June 1, 2026, unless earlier repurchased, redeemed or converted.”

The firm says that it will determine the interest rate, initial conversion rate, and other terms of the notes when they introduce the price for the offering.

Coinbase adds that they plan to use the additional capital to fund its operations and future expansions.

“Coinbase intends to use the net proceeds from the offering for general corporate purposes, which may include working capital and capital expenditures, and to pay the cost of the capped call transactions…Coinbase may also use a portion of the net proceeds to make investments in and acquisitions of other companies, products or technologies that Coinbase may identify in the future.”

Ära jäta löömata - Soovin uudiskirja krüptoteate märguannete saamiseks otse teie postkasti

Jälgi meid puperdama, Facebook ja Telegramm

Surfata Daily Hodl Mix

Vaadake uusimaid uudiste pealkirju

REKLAAM

Kohustustest loobumine: The Daily Hodlis avaldatud arvamused ei ole investeerimisnõuanded. Investorid peaksid enne Bitcoini, krüptovaluutasse või digitaalvarasse tehtavate riskantsete investeeringute tegemist tegema oma hoolsuskohustuse. Pange tähele, et ülekanded ja tehingud on teie enda vastutusel ja kõik võimalikud kaotused on teie vastutusel. Daily Hodl ei soovita krüptovaluutade ega digitaalsete varade ostmist ega müümist, samuti pole The Daily Hodl investeerimisnõustaja. Pange tähele, et The Daily Hodl osaleb sidusettevõtte turunduses.

Esiletõstetud pilt: Shutterstock / estevez

Source: https://dailyhodl.com/2021/05/19/coinbase-gears-up-to-raise-1250000000-to-accelerate-growth/