Acri Capital Acquisition Corporation, a Delaware company incorporated as a blank check company, announced today the closing of its initial public offering and the sale of 8,625,000 units, which included 1,125,000 units issued pursuant to the full exercise of the underwriters’ over-allotment option, at a purchase price of $10 per unit, for aggregate gross proceeds of approximately $86,250,000.
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Bit Origin Ltd (the “Company”), formerly known as China Xiangtai Food Co., Ltd. (NASDAQ: BTOG), an emerging growth company engaged in crypto mining business with diversified expansion strategies, on June 7, 2022, announced the closing of an underwritten public offering of 9,803,922 ordinary shares, at an offering price of $0.51 per ordinary share. The Company received gross proceeds of approximately $5 million, before underwriting discounts and estimated offering expenses.