Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn

JanOne, a US-listed company, acquires blockchain financial technology provider ALT 5 Sigma Inc.

CointimeCointime2024/05/11 08:13
By:Cointime

JanOne, a US-listed company, has announced its acquisition of blockchain financial technology provider ALT 5 Sigma Inc., its subsidiaries, and wholly-owned subsidiaries, including its cryptocurrency payment gateway ALT 5 Pay and digital asset OTC trading platform ALT 5 Prime. The acquisition is expected to be completed during the week of May 13, 2024, subject to customary closing conditions and applicable regulatory requirements. The specific acquisition amount has not been disclosed, but it has been revealed that at the time of the acquisition, JanOne will issue 1,799,100 common shares to ALT 5's former shareholders, accounting for approximately 19.9% of the common shares already issued by JanOne as of May 10, and 34,207 of its Series B non-convertible, non-redeemable preferred shares.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Stake to earn
APR up to 10%. Always on, always earning.
Stake now!

You may also like

Announcement on Resumption of FTM Network Deposit and Withdrawal Services

We are pleased to announce that FTM network deposit and withdrawal services are available again on our platform. We apologize for any inconvenience caused during the suspension period! Join Bitget, the World's Leading Crypto Exchange and Web 3 Company Sign up on Bitget now >>> Follow us on Twitter

Bitget Announcement2024/09/28 10:27