MEI Pharma Closes $100 Million Private Placement, Pioneers Litecoin Treasury Strategy

Reuters07-23

<a href="https://laohu8.com/S/MEIP">MEI Pharma</a> Closes $100 Million Private Placement, Pioneers Litecoin Treasury <a href="https://laohu8.com/S/MSTR">Strategy</a>

MEI Pharma Inc. (Nasdaq: MEIP) has successfully closed a $100 million private placement for the purchase and sale of 29,239,767 shares of common stock at a price of $3.42 per share. This transaction supports MEI's initiative to implement a Litecoin Treasury Strategy, making it the first publicly traded company to adopt Litecoin as a primary treasury reserve asset. As part of this strategic move, MEI has appointed Charlie Lee, the creator of Litecoin, to its Board of Directors and has engaged GSR as its digital asset and treasury management advisor. The funds will be used to acquire Litecoin, enhancing MEI's cash management framework with a decentralized monetary asset. Titan Partners Group served as the sole placement agent for this transaction.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MEI Pharma Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250722937784) on July 22, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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(Nasdaq: MEIP) has successfully closed a $100 million private placement for the purchase and sale of 29,239,767 shares of common stock at a price of $3.42 per share. This transaction supports MEI's initiative to implement a Litecoin Treasury <a href=\"https://laohu8.com/S/STRF\">Strategy</a>, making it the first publicly traded company to adopt Litecoin as a primary treasury reserve asset. As part of this strategic move, MEI has appointed Charlie Lee, the creator of Litecoin, to its Board of Directors and has engaged GSR as its digital asset and treasury management advisor. The funds will be used to acquire Litecoin, enhancing MEI's cash management framework with a decentralized monetary asset. 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(Nasdaq: MEIP) has successfully closed a $100 million private placement for the purchase and sale of 29,239,767 shares of common stock at a price of $3.42 per share. This transaction supports MEI's initiative to implement a Litecoin Treasury <a href=\"https://laohu8.com/S/STRF\">Strategy</a>, making it the first publicly traded company to adopt Litecoin as a primary treasury reserve asset. As part of this strategic move, MEI has appointed Charlie Lee, the creator of Litecoin, to its Board of Directors and has engaged GSR as its digital asset and treasury management advisor. The funds will be used to acquire Litecoin, enhancing MEI's cash management framework with a decentralized monetary asset. 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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4139":"生物科技"},"translate_title":"MEI Pharma完成1亿美元私募，开创莱特币资金策略","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MEIP":0.9},"content_text":"MEI Pharma Closes $100 Million Private Placement, Pioneers Litecoin Treasury Strategy\n\n\n        MEI Pharma Inc. (Nasdaq: MEIP) has successfully closed a $100 million private placement for the purchase and sale of 29,239,767 shares of common stock at a price of $3.42 per share. This transaction supports MEI's initiative to implement a Litecoin Treasury Strategy, making it the first publicly traded company to adopt Litecoin as a primary treasury reserve asset. 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