Mill City Ventures III Announces $450 Million Private Equity Investment

According to PANews, Mill City Ventures III, Ltd. (NASDAQ: MCVT), a non-bank lending institution and financial company, has announced a securities purchase agreement to invest in public equity through a private placement. The company plans to buy and sell 83,025,830 shares of common stock at a price of $5. 42 per share, with expected total proceeds of approximately $450 million, after deducting placement agent fees and other issuance costs source: https://www.binance.com/en/square/post/27553185419945?utm_source=BinanceNewsRSS