Gate Alpha 2nd Points Carnival Round 4 Hot Launch! Trade to Share $30,000 MORE & Alpha Points
Trade $MORE to unlock Listing Airdrops + $300K Points Prize Pool!
💰 Total Airdrop Volume: $30,000 MORE, Limited slots—first come, first served!
✅ Total Points: 2 Alpha Points per trade—accumulate points to share the $300K prize pool!
🔥Trade the Hottest On-Chain Assets First
For more information: https://www.gate.com/campaigns/1342alpha?pid=X&c=MemeBox&ch=vxDB0fQ5
Nano Labs signs $500 million convertible note private sale financing for BNB strategic reserve.
ChainCatcher news, Nano Labs Ltd (NASDAQ: NA) announced that it has signed subscription agreements for convertible notes with multiple investors to issue a total of $500 million in convertible notes. These notes have a term of 360 days, with no interest accruing on the principal before maturity. Holders may choose to convert the notes into Class A common stock of the company within the term, with an initial conversion price of $20 per share. Nano Labs plans to initially acquire BNB worth 1 billion dollars through this financing and private placement, aiming to hold 5% to 10% of the total circulating supply of BNB in the long term.