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    Home»Politics»Brazil’s Meliuz launches share offering for bitcoin purchase
    Politics

    Brazil’s Meliuz launches share offering for bitcoin purchase

    AdminBy AdminNo Comments1 Min Read
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    SAO PAULO : Brazilian fintech Meliuz said it has filed for a primary offering of shares with the aim of raising funds for the acquisition of bitcoin, with pricing scheduled for June 12.

    In a securities filing on Friday, Meliuz said the offering involves the primary distribution of, initially, 17,006,803 common shares to the amount of 150 million reais ($26.45 million). The operation may be expanded by up to 200 per cent of the total shares initially offered, it added.

    ($1 = 5.6704 reais)

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