- Bitcoin mining company Bit Digital Inc (NASDAQ:BTBT) selling shareholders proposed to offload 23.6 million shares under a secondary equity offering. Bit Digital will not get any of the offering proceeds.
- The selling shareholders offered 13.5 million shares to institutional investors. The remaining 10.1 million shares were issuable upon exercise of share warrants exercisable at $7.91 per share.
- The offering fetches proceeds worth $148.8 million from 13.5 million shares based on the October 13 closing price of $11.03.
- Price Action: BTBT shares traded higher by 6.07% at $11.35 in the premarket session on the last check Friday.
L3Harris Expands Indiana Campus Size, Workforce To Support DoD Satellite Work
L3Harris Technologies Inc (NYSE:LHX) increased the size of its campus and is expanding its workforce in Fort Wayne, Indiana, to address…
