Why Is MEI Pharma Stock Soaring On Friday? - MEI Pharma (NASDAQ:MEIP)
17 Articles
17 Articles
Why Is MEI Pharma Stock Soaring On Friday? - MEI Pharma (NASDAQ:MEIP)
MEI Pharma, Inc. (NASDAQ:MEIP) stock is trading higher on Friday, with a session volume of 35.64 million compared to the average volume of 29.8K, as per data from Benzinga Pro. The company on Friday entered into a private investment in public equity (PIPE) for the purchase and sale of 29.2 million shares $3.42 per share, for expected aggregate gross proceeds of approximately $100 million. In connection with the closing of the transaction, MEI wi…
MEI Pharma Unveils £100 Million Litecoin Treasury Strategy - Chris on Crypto
San Diego-based pharmaceutical firm MEI Pharma has announced a $100 million private placement to establish Litecoin as its primary treasury reserve asset. The company has agreed to sell shares of common stock at $3.42 per share, with the transaction set to close around 22 July 2025, subject to normal conditions. All proceeds will be used … Read more "MEI Pharma Unveils £100 Million Litecoin Treasury Strategy" The post MEI Pharma Unveils £100 Mil…
Key points of the news MEI Pharma has revealed a treasury plan in Litecoin for $100 million in collaboration with Titan Partners Group and the crypto firm GSR. Charlie Lee, creator of Litecoin, will join the MEI Board, reinforcing the credibility and long-term vision of the project. The Litecoin Foundation has also invested, driving institutional adoption while the daily volume of trade increases almost 96% to $1.88 billion. MEI Pharma confirmed…


Nasdaq-listed MEI Pharma launches $100M Litecoin treasury plan, stock rockets 50%
MEI Pharma's Litecoin initiative signals growing institutional crypto adoption, potentially boosting Litecoin's legitimacy and market presence. The post Nasdaq-listed MEI Pharma launches $100M Litecoin treasury plan, stock rockets 50% appeared first on Crypto Briefing.
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