Leap Therapeutics Completes $58.88 Million Cash Private Placement Led by Winklevoss Capital
biotechnology company Leap Therapeutics (NASDAQ stock code: LPTX) announced today that it has completed the previously announced private placement led by Winklevoss Capital, raising $58,888,888 in cash to launch its digital asset financial strategy. Winklevoss Capital will provide funding and strategic support to help Leap build and execute its digital asset financial strategy. Under the lead investor agreement, the Leap board of directors will increase to 12 members, Winklevoss Capital will have the right to nominate two individuals to the Leap board of directors, one of whom will also serve as chairman of the board. Morgan, Lewis & Bockius LLP serves as Leap's legal counsel, and Cooley LLP serves as Winklevoss Capital's legal counsel.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
U.S. November ADP employment change at -32K, vs. 10K expected and 42K prior.
Hyperliquid (HYPE) Price Fluctuations: Unraveling Blockchain Hazards and Institutional Confidence for 2025
- Hyperliquid (HYPE) dominates 73% of Perp DEX market share in 2025 through $5B TVL, BlackRock/Stripe partnerships, and 11% HLP returns despite security breaches. - Repeated 2025 security incidents ($4.9M POPCAT attack, $21M private key breach) triggered 20%+ price drops and $4B TVL decline amid liquidity flight. - Institutional trust persists as TVL/open interest grew post-March 2025, but circulating supply unlocks and Lighter/Aster competition threaten HYPE's $34 price stability. - Platform's success hin
Strategic Property Investment in the Revitalization of the Former Xerox Campus: Infrastructure-Led Renewal in Webster, NY
- Webster , NY, is transforming its post-Xerox campus via $14.3M in state infrastructure grants for industrial upgrades and public-private partnerships. - Road, sewer, and electrical improvements reduced industrial vacancy to 2%, attracting $650M fairlife® dairy plant and 250 jobs. - Residential values rose 10.1% annually as NEAT corridor targets $1B in development by 2026 with $283M public-private investment. - Strategic infrastructure funding de-risks development, creating a scalable model for post-indus
3 Key Signals That Hint at a Near-Term Shiba Inu Upswing
Trending news
MoreCrypto prices
More
