Brazil's Meliuz launches share offering for bitcoin purchase
FILE PHOTO: Representations of cryptocurrency Bitcoin are seen in this illustration taken November 25, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
SAO PAULO : Brazilian fintech Meliuz said it has filed for a primary offering of shares with the aim of raising funds for the acquisition of bitcoin, with pricing scheduled for June 12.
In a securities filing on Friday, Meliuz said the offering involves the primary distribution of, initially, 17,006,803 common shares to the amount of 150 million reais ($26.45 million). The operation may be expanded by up to 200 per cent of the total shares initially offered, it added.
($1 = 5.6704 reais)
Source: Reuters
