Shuttle (NASDAQ: SHPH) agreed to acquire United Dogecoin and will merge it into a wholly owned subsidiary, supported by an $11 million PIPE expected to close May 4, 2026. United Dogecoin intends to order up to 3,000 ElphaPex mining rigs for up to 43,200 GH/s (about 1.5% of global Dogecoin hashrate).
Transaction consideration includes 8,000 Series B-1 convertible preferred (≈32,258,064 common shares on conversion) and contingent pre-funded warrants tied to operational milestones; PIPE investors receive Series B-2 securities and warrants convertible upon shareholder approval…
Source www.stocktitan.net
FTC: We use income earning affiliate links. More on Sposored links.
Terms of use and third-party services. More here.
Terms of use and third-party services. More here.