Brazilian Fintech Meliuz (CASH3) plans to increase 180.08 million rands ($ 32.4 million) thanks to a capital offer, according to a file.
Funding is specifically reserved for the purchase of Bitcoin, aligning with the recent strategic change of the company to integrate bitcoin into its balance sheet.
The offer, at the price of R7.06 ($ 1.27) per share, was approximately 5% less than the Meliuz closing price of 7.43 R73 R73 on Thursday. The action dropped by more than 5% in today’s trade.
BTG Pactial was the book of the book for the agreement, according to the file.
Earlier this year, Meliuz announced that the company planned to raise $ 78 million in equity to become “the first Bitcoin cash company” in Brazil.
The company Fintech, which is called “3rd purchase purchase application for the fastest growth in Brazil”, has around 41 million loyal users in the first quarter of this year, according to a presentation. The company currently has a market capitalization of R647.08 m ($ 116.5 million), according to tradingView data.
