Fintech Brasil Meliuz firm (Cash3) Plan to raise R180.08 million ($ 32.4 million) through a capital offer, according to a presentation.
The financing is intended specifically for the purchase of Bitcoin, aligning with the recent strategic change of the company to incorporate Bitcoin into its balance sheet.
The offer, with a price of R7.06 ($ 1.27) per share, was approximately 5% less than the closing price of R7.43 on Thursday. The action has fallen more than 5% in the current negotiation.
BTG Pactual served as a book corridor for the agreement, according to the presentation.
Earlier this year, Meliuz announced that the company plans to raise $ 78 million in capital to become “the first Bitcoin Treasury company” in Brazil.
The Fintech company, which is called “Third Application of Purchases of faster growth in Brazil”, has about 41 million loyal users from the first quarter of this year, according to a presentation. Currently, the company has a market capitalization of R647.08m ($ 116.5m), according to TrainingView data.
