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Code Chain New Continent Limited Announces Proposed Underwritten Public Offering of Common Stock and Warrants
NEW YORK, Dec. 9, 2021 /PRNewswire/ -- Code Chain New Continent Limited (the "Company," or "Code Chain" or "We") (NASDAQ: CCNC), a vertically integrated
About this update from Gd Culture Group Limited
[{"type":"text","content":"NEW YORK, Dec. 9, 2021 /PRNewswire/ -- Code Chain New Continent Limited (the \"Company,\" or \"Code Chain\" or \"We\") (NASDAQ: CCNC), a vertically integrated cryptocurrency miner, today announced that it intends to offer shares of common stock and warrants to purchase common stock in a proposed underwritten public offering. The Company intends to use the net proceeds to purchase cryptocurrency mining equipment and for working capital and general corporate purposes. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.\nAegis Capital Corp. is acting as the sole book-running manager for the offering.\nThis offering is being made pursuant to an effective shelf registration statement on Form S-3 (No. 333-254366) previously filed with the U.S. Securities and Exchange Commission (the \"SEC\") and declared effective by the SEC on March 26, 2021. A preliminary prospectus supplement and accompanying prospectus describing the terms of the proposed offering will be filed with the SEC and will be available on the SEC's website located at http://www.sec.gov. Electronic copies of the preliminary prospectus supplement and the accompanying prospectus may be obtained, when available, by contacting Aegis Capital Corp., Attention: Syndicate Department, 810 7th Avenue, 18th floor, New York, NY 10019, by email at [email protected], or by telephone at (212) 813-1010. Before investing in this offering, interested parties should read in their entirety the prospectus supplement and the accompanying prospectus and the other documents that the Company has filed with the SEC that are incorporated by reference in such prospectus supplement and the accompanying prospectus, which provide more information about the Company and such offering.\nThis press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.\nAbout Code Chain New Continent Limited\nCode Chain New Continent Limited engages in the research, design, and development of electronic tokens that combine the fiv...