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Aether Holdings Announces Proposed $40 Million Public Offering of Securities to Acquire Bitcoin as Part of New Treasury Strategy
NEW YORK, July 21, 2025 (GLOBE NEWSWIRE) -- Aether Holdings, Inc. (Nasdaq: ATHR) (“we,” “us,” “our,” “Aether,” or the “Company”), an emerging financial
About this update from Aether Holdings, Inc.
[{"type":"text","content":"NEW YORK, July 21, 2025 (GLOBE NEWSWIRE) -- Aether Holdings, Inc. (Nasdaq: ATHR) (“we,” “us,” “our,” “Aether,” or the “Company”), an emerging financial technology holding company offering software, data, and artificial intelligence technology to institutional and self-directed investors, today announced that it has commenced an underwritten public offering of units, with expected gross proceeds of approximately $40 million, before deducting underwriting discounts, commissions, and offering expenses. Aether expects to use approximately 85% of the net proceeds from the offering to acquire bitcoin as part of a bitcoin treasury strategy recently adopted by Aether’s board of directors, and approximately 15% for working capital. Each Unit will consist of one share of common stock and one publicly traded warrant to purchase one share of common stock (a “Common Warrant”). Aether will also offer Pre-Funded Units consisting of one pre-funded warrant to purchase one share of common stock, and one Common Warrant. The offering is expected to price post-market close on July 22, 2025, with the offering anticipated to close on or about July 24, 2025, subject to customary closing conditions. Aether’s common stock is listed on the Nasdaq Capital Market under the symbol “ATHR.” Aether has applied to list the Common Warrants on the Nasdaq Capital Market under the symbol “ATHRW”. The Benchmark Company LLC and Axiom Capital Management, Inc. are acting representatives to the underwriters for the offering. A registration statement relating to these securities has been filed with the U.S. Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. The proposed offering will only be made by means of a prospectus forming part of the registration statement. Electronic copies of the prospectus relating to this proposed offering, when available, may also be obtained from The Benchmark Company LLC, 150 East 58th St., 17th Floor, New York, NY 10155, by telephone: (212) 312-6700, or by email at [email protected].. Cautionary Note Regarding Forward Looking Statements This news release and statements of Aether’s management in connection with this news release or related events contain or may contain \"forward-lo...