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- #Gate 2025 Semi-Year Community Gala# voting is in progress! 🔥
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Mill City Ventures announces a $450 million private sale plan, launching the Sui financial strategy.
According to news from Hash World Chain, Mill City Ventures III, Ltd. (NASDAQ: MCVT) has announced the launch of a $450 million private sale financing plan, intending to issue and sell 83,025,830 shares of common stock at a price of $5.42 per share. This issuance is expected to be completed around July 31, 2025. The company plans to use approximately 98% of the proceeds from the private sale to acquire the native token SUI of the Sui blockchain, with the remaining approximately 2% to support the company's short-term lending business.
$MCVT $SUI #Cryptocurrency # Blockchain #SuiBlockchain # private sale