Spirit Blockchain Capital Reports Q1 2026 Highlights and Announces Closing of Private Placement
Spirit Blockchain Capital closed a non-brokered private placement, issuing 31.5 million units at $0.014 each for gross proceeds of CAD $441,334. The company appointed Raymond O’Neill as Interim CEO and CFO, citing a need for hands-on operational leadership amid a 'constrained cash position' and ongoing restructuring.
Key figures
- Offering Price
- 0.014
- Shares Offered
- 31523888
- Currency
- CAD
- Hold period
- 4 months and 1 day
- Warrant exercise price
- 0.05
- Warrant acceleration trigger
- 0.075
AI analysis
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