HTFL’s Client Bit Brother Limited Successfully Closed its Registered Direct Offering of $22.5 Million

July 20, 2021

Joan Wu

On July 20, 2021, Bit Brother Limited (NASDAQ: BTB) (“Bit Brother” or the “Company”), successfully closed its registered direct offering of 15 million ordinary shares and warrants to purchase 15 million ordinary shares at a purchase price of $1.50 per share and corresponding warrant for gross proceeds of $22.5 million, before deducting placement agent’s fees and other related offering expenses.

Hunter Taubman Fischer & Li LLC acted as U.S. securities counsel to the Company.

Hunter Taubman Fischer & Li, LLC is a boutique law firm specializing in corporate, commercial and securities transactions, cross-border financing, immigration and taxation. Our team of lawyers works together so our clients can benefit from astute business experience and sophisticated legal solutions.