Bitcoin Depot Files $25 Million Mixed-Shelf Offering; Shares Drop

MT Newswires Live11-21 02:44

Bitcoin Depot (BTM) filed a registration statement for the potential sale of up to $25 million of securities from time to time.

The filing covers class A common stock, preferred stock, warrants and units.

The proceeds will be for general corporate purposes and working capital requirements, the company said Wednesday in the filing.

Shares of the company fell 4.4% in recent Wednesday trading.

Price: 1.95, Change: -0.09, Percent Change: -4.41

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