Abits Group Inc. entered into definitive agreements with institutional investors for a $2,100,000 registered direct offering consisting of ordinary shares and pre-funded warrants priced at $2.65 per share. The transaction was priced at-the-market under Nasdaq rules and is expected to close on or about February 24, 2026, subject to customary conditions.
Proceeds are intended for general corporate purposes and working capital.
Aegis Capital Corp. served as exclusive placement agent, with Lucosky Brookman LLP acting as U.S. counsel to the placement agent.
