AIRNET TECHNOLOGY INC. COMPLETES US$180.0 MILLION REGISTERED DIRECT OFFERING

Written by Emily J. Thompson, Senior Investment Analyst

ANTE%

Source: PRnewswire

Updated: Aug 28 2025

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Source: PRnewswire

Company Announcement: AirNet Technology Inc. has completed a registered direct offering, raising approximately US$180 million through the sale of ordinary shares and warrants.
Digital Asset Payment: The proceeds from this offering were paid entirely in digital assets, specifically around 819 Bitcoin and nearly 20,000 Ethereum.
Strategic Transformation: This financing marks a significant shift for AirNet as it aims to become an active participant in the digital asset ecosystem, supported by a new team of cryptocurrency professionals.
Forward-Looking Statements: The press release includes forward-looking statements regarding the company's future strategies and performance, highlighting potential risks and uncertainties that could affect actual results.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

AIRNET TECHNOLOGY INC. COMPLETES US$180.0 MILLION REGISTERED DIRECT OFFERING

About the author

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