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流行文化集团股价因5 M股票发行而下跌

2025-09-26 22:33

  • Pop Culture (NASDAQ:CPOP) shares are in a freefall Friday after the company said it would sell 5M class A shares to institutional investors, diluting the holdings of existing shareholders.
  • The shares will be sold at $1.20 per share, representing a discount of 40% to Thursday’s closing price of Pop Culture (NASDAQ:CPOP) stock.
  • The transaction will provide the company with gross proceeds of $6M to be used for general corporate purposes.
  • The negative reaction wiped out all gains achieved on Thursday when the company  announced plans to acquire an additional 1,000 Bitcoin over the course of the next year to fund its $100M Crypto Pop Fund.
  • Shares last traded at a loss of more than 53%.

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