Nasdaq-listed Tharimmune has unveiled plans to raise $55 million through a registered public offering, marking a strategic push into next-phase digital finance development. The capital raise will combine the issuance of 1.8 million shares of common stock priced at $2.92 per share, alongside pre-funded warrants enabling the purchase of up to 17 million additional shares at $2.9199 each.
Advancing a Next-Gen Digital Asset Framework
The proceeds will primarily fuel expansion of its token-based digital asset management platform, with emphasis on streamlining on-chain asset integration and cross-chain interoperability. A key focus will be strengthening compliance architecture to meet institutional-grade security and reporting standards.
- Enhance multi-chain deployment of the Canton Network protocol
- Scale cross-border digital custody and settlement solutions
- Invest in R&D to accelerate product innovation cycles
This move positions Tharimmune to capitalize on growing institutional demand for regulated blockchain infrastructure. The transaction is anticipated to close around January 21, providing a robust capital base to drive global market penetration and long-term ecosystem growth.