Fold Holdings Enters Common Stock Purchase Agreement With Roth Principal Investments For Up To $25M Of Shares
Upon the terms and subject to the satisfaction of the conditions set forth in the Purchase Agreement, the Company will have the right, in its sole discretion, to sell to Roth Principal Investments up to $25,000,000 of
Fold Holdings made a deal where it can sell up to $25 million of its ownership pieces to an investment company if it needs money. This shows the company is preparing ways to raise cash, which investors watch to understand if a business might need funds soon.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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