Ionic Digital Completes $400 Million Equity Private Placement

Corporate Action

โดย GlobeNewswire·Read original

Summary · why it matters

Ionic Digital has raised a $400 million investment round led by new investors Attestor, Oaktree Capital Management, and Sachem Head Capital Management, with participation from Citadel and Weiss Asset Management. The transaction implies a pre-money equity valuation of $2.0 billion. Proceeds will be used for general corporate purposes, including the continued development of the company's digital infrastructure assets. J.P. Morgan and BTIG acted as co-placement agents, and White & Case served as legal counsel to Ionic Digital.

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Off-coverage companies 8

Ionic DigitalPrivate▲ Positive

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Ionic Digital raised $400M equity private placement at $2B pre-money valuation, providing growth capital.

AttestorPrivate± Mixed

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BTIG, LLCPrivate± Mixed

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CitadelPrivate± Mixed

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Oaktree Capital ManagementPrivate± Mixed

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Sachem Head Capital ManagementPrivate± Mixed

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Weiss Asset ManagementPrivate± Mixed

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White & Case LLPPrivate± Mixed

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