Gryphon Digital Mining (GRYP) has signed a non-brokered offering of its common stock for total gross proceeds of approximately $2.85 million on January 13, 2025. The offering saw 100% participation from the management team and a majority of the board members, demonstrating strong internal confidence in the Company’s strategic direction. The Company issued third-party investors approximately 6.3 million shares of its common stock at a purchase price of $0.40 per share, with accompanying warrants exercisable at $1.50 per share. Management and Board purchased approximately 629,000 shares at $0.516 per share, with accompanying warrants exercisable at $1.50 per share.
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