Voyager Digital (TSE: VOYG) (VYGVF) develops and commercializes a digital platform that focuses on enabling users to buy and sell digital assets, such as cryptocurrencies. On Tuesday, the company announced that it closed its private placement of common shares for gross proceeds of US$58 million. The raise was done at a price of US$2.34 per share or the equivalent of C$3.00 per share. The company expects to close an additional US$2 million worth once approved by the Toronto Stock Exchange. The result of this raise is that the company now has a cash position worth US$175 million. When combining its crypto holdings and net cash, Voyager Digital has US$225 million.
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Voyager Digital (PK) (USOTC:VYGVF)
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