Voyager Digital Ltd. (CSE: VYGR) is pleased to announce that it has increased the size of the previously announced best efforts private placement with Stifel GMP where the Company shall be offering for sale common shares of the Company for aggregate proceeds of approximately US$100,000,000 at a price of US$13.10 per Share.
The net proceeds from the Offering will be used for general corporate purposes.
Contemporaneous with the Treasury Offering certain shareholders of the Company intend to sell approximately up to US$44,000,000 in Shares (the "Secondary Offering") at the same price as Shares sold in the Treasury Offering, of this amount approximately forty percent is being sold by an insider of the Company.
The Treasury Offering is scheduled to close on or about February 12, 2021 and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals including the approval of the Canadian Securities Exchange.
About Voyager Digital Ltd.
Voyager Digital Ltd. is a crypto-asset broker that provides retail and institutional investors with a turnkey solution to trade crypto assets. Voyager offers customers best execution and safe custody on a wide choice of popular crypto-assets. Voyager was founded by established Wall Street and Silicon Valley entrepreneurs who teamed to bring a better, more transparent and cost-efficient alternative for trading crypto-assets to the marketplace. Please visit us at https://www.investvoyager.com for more information and to review the latest Corporate Presentation.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. No securities regulatory authority has either approved or disapproved of the contents of this press release.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. No securities regulatory authority has either approved or disapproved of the contents of this press release.
