Gan Technology completes $200 million Series A-1 preferred stock financing

Odaily planet daily news Jia Nan Technology announced that it has obtained $200 million in Series A preferred stock financing. The company announced on Monday that it has reached an agreement with an institutional investor to purchase protokol securities. After the first batch of funds settles on March 10, it will receive an initial funding of $100 million. It is expected to receive an additional $100 million in the near future, subject to certain conditions. This funding will support Jia Nan Technology's research and development, production expansion, and digital Mining infrastructure investments in North America. (TheMinerMag)

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