Nixxy (NIXX) said Wednesday it has withdrawn a planned private offering of up to $50 million of bitcoin-based, zero-coupon convertible notes.
The company said that with the "significant progress in its acquisition strategy, combined with less than favorable market conditions, such financing is no longer in the shareholders' best interest."
Nixxy said that its plan to "locate an accretive, revenue-generating business or assets for acquisition has come to fruition much more quickly than anticipated."
The company said it "expects, but cannot guarantee" closing an acquisition before the end of February.
Nixxy shares were up 5.4% in recent trading.
Price: 2.75, Change: +0.14, Percent Change: +5.36
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。