Republic Technologies Targets $3 Million Through Private Placement

Republic Technologies, a company listed in Canada and known for its Ethereum treasury holdings, has announced a private placement initiative. According to NS3.AI, the company plans to raise $3 million by issuing over 14 million special warrants priced at $0.21 each. Republic Technologies currently holds approximately 1,570.6 ETH, which was acquired at an average price of $2,700 and is now valued at around $3.2 million. This strategic move is intended to bolster the company's financial standing as part of its ongoing Ethereum treasury strategy.