Rhea-AI Impact
Rhea-AI Sentiment
Rhea-AI Summary
Bluesky Digital Assets Corp. (CSE: BTC, OTCQB: BTCWF) has successfully raised a total of $1,159,049 CAD through multiple warrant exercises. The funding was secured through three separate warrant exercises: $771,549 CAD from 1,695,712 warrants at $0.445 CAD each, $325,000 CAD from 5,000,000 warrants at $0.065 CAD each, and $62,500 CAD from 1,250,000 warrants at $0.05 CAD each. Additionally, the company settled $126,000 CAD in debt by issuing 200,000 common shares at $0.63 CAD per share. The proceeds will be used to advance the company’s AI development initiatives and for working capital purposes.
Bluesky Digital Assets Corp. (CSE: BTC, OTCQB: BTCWF) ha raccolto con successo un totale di $1,159,049 CAD attraverso vari esercizi di warrant. Il finanziamento è stato ottenuto tramite tre distinti esercizi di warrant: $771,549 CAD da 1,695,712 warrant a $0.445 CAD ciascuno, $325,000 CAD da 5,000,000 warrant a $0.065 CAD ciascuno, e $62,500 CAD da 1,250,000 warrant a $0.05 CAD ciascuno. Inoltre, l’azienda ha estinto $126,000 CAD di debito emettendo 200,000 azioni ordinarie a $0.63 CAD ciascuna. I proventi saranno utilizzati per promuovere le iniziative di sviluppo dell’AI e per scopi di capitale operativo.
Bluesky Digital Assets Corp. (CSE: BTC, OTCQB: BTCWF) ha recaudado con éxito un total de $1,159,049 CAD a través de múltiples ejercicios de warrants. La financiación se obtuvo mediante tres ejercicios de warrants: $771,549 CAD de 1,695,712 warrants a $0.445 CAD cada uno, $325,000 CAD de 5,000,000 warrants a $0.065 CAD cada uno, y $62,500 CAD de 1,250,000 warrants a $0.05 CAD cada uno. Además, la empresa resolvió $126,000 CAD en deudas emitiendo 200,000 acciones comunes a $0.63 CAD por acción. Los ingresos se utilizarán para avanzar en las iniciativas de desarrollo de IA y para fines de capital de trabajo.
Bluesky Digital Assets Corp. (CSE: BTC, OTCQB: BTCWF)는 여러 가지 워런트 행사 통해 총 $1,159,049 CAD를 성공적으로 모금했습니다. 자금은 세 가지 별도의 워런트 행사로 확보되었습니다: $771,549 CAD는 1,695,712개의 워런트에서 각 $0.445 CAD, $325,000 CAD는 5,000,000개의 워런트에서 각 $0.065 CAD, $62,500 CAD는 1,250,000개의 워런트에서 각 $0.05 CAD입니다. 또한, 회사는 200,000주를 주당 $0.63 CAD에 발행하여 $126,000 CAD의 부채를 해결했습니다. 이 자금은 회사의 AI 개발 프로젝트와 운영 자본 목적을 위해 사용될 것입니다.
Bluesky Digital Assets Corp. (CSE: BTC, OTCQB: BTCWF) a réussi à lever un total de $1,159,049 CAD grâce à plusieurs exercices de bons de souscription. Le financement a été sécurisé par trois exercices distincts : $771,549 CAD provenant de 1,695,712 bons de souscription à $0.445 CAD chacun, $325,000 CAD provenant de 5,000,000 bons de souscription à $0.065 CAD chacun, et $62,500 CAD provenant de 1,250,000 bons de souscription à $0.05 CAD chacun. De plus, l’entreprise a réglé $126,000 CAD de dettes en émettant 200,000 actions ordinaires à $0.63 CAD chacune. Les fonds seront utilisés pour faire avancer les initiatives de développement de l’IA et pour des besoins de fonds de roulement.
Bluesky Digital Assets Corp. (CSE: BTC, OTCQB: BTCWF) hat erfolgreich insgesamt $1,159,049 CAD durch mehrere Optionsscheinausübungen gesammelt. Die Finanzierung wurde durch drei separate Ausübungen von Optionsscheinen gesichert: $771,549 CAD aus 1,695,712 Optionsscheinen zu je $0.445 CAD, $325,000 CAD aus 5,000,000 Optionsscheinen zu je $0.065 CAD und $62,500 CAD aus 1,250,000 Optionsscheinen zu je $0.05 CAD. Darüber hinaus hat das Unternehmen $126,000 CAD an Schulden beglichen, indem es 200,000 Stammaktien zu je $0.63 CAD ausgegeben hat. Die Einnahmen werden verwendet, um die KI-Entwicklungsinitiativen des Unternehmens voranzutreiben und für Arbeitskapital zu sorgen.
Positive
- Raised $1.16M CAD through warrant exercises
- Successfully settled $126,000 CAD in debt through share issuance
- Secured funding for AI development advancement
Negative
- Multiple warrant exercises at significantly different price points ($0.05 to $0.445) indicating price volatility
- Share dilution from warrant exercises and debt settlement
Toronto, Ontario–(Newsfile Corp. – December 20, 2024) – Bluesky Digital Assets Corp., (CSE: BTC), (OTCQB: BTCWF), (“Bluesky” or the “Corporation”) announced today that it had raised $771,549 CAD via the exercise of 1,695,712 Warrants at a price of $0.445 CAD per Warrant. The Corporation also raised an additional $325,000 CAD via the exercise of 5,000,000 Warrants at a price of $0.065 CAD per Warrant. The Corporation further announced that it had raised an additional $62,500 CAD via the exercise of 1,250,000 Warrants at a price of $0.05 CAD per Warrant and the Corporation also settled a combined amount of $126,000 CAD in debt via the issuance of 200,000 Common Shares at a price of $0.63 CAD per Common Share. Combined, the Corporation raised a total of $1,159,049 CAD via the exercise of the Warrants. No change of control resulted in the issuance of the Common Shares related to the exercise of the Warrants. All proceeds raised from the Warrant Exercises will be allocated towards further advancing the Corporation’s AI development and AI business endeavors and for general working capital purposes.
About Bluesky Digital Assets Corp.
Bluesky Digital Assets Corp, has created a high value digital enterprise at the intersection of Artificial Intelligence, Blockchain and Web3 business solutions. Leveraging its success as an early adopter providing proprietary technology solutions, Bluesky has invested in its Roadmap. Bluesky’s platform, BlueskyINTEL, is well positioned to leverage the current exponential growth of Artificial Intelligence (“AI”) and Blockchain based technologies through a tightly focus built collaborative platform. This innovative web platform offering supports and better enables businesses to adopt and utilize these emerging and developing technologies.
For more information please visit Bluesky at: www.blueskydigitalassets.com or www.blueskyintel.com
Please also follow us on Linkedin at: www.linkedin.com/company/bluesky-digital-assets/
Forward-Looking Statements
This news release may contain assumptions, estimates, and other forward-looking statements regarding future events. Such forward-looking statements involve inherent risks and uncertainties and are subject to factors, many of which are beyond the Company’s control that may cause actual results or performance to differ materially from those currently anticipated in such statements. Information set forth in this news release may involve forward-looking statements under applicable securities laws. The forward-looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such. Neither CSE nor its Regulation Services Provider as that term is defined in the policies of the CSE accepts responsibility for the adequacy or accuracy of this release. We seek safe harbor.
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/234850
FAQ
How much money did Bluesky Digital Assets (BTCWF) raise through warrant exercises in December 2024?
Bluesky Digital Assets raised a total of $1,159,049 CAD through multiple warrant exercises in December 2024.
What was the price range of warrants exercised by Bluesky Digital Assets (BTCWF)?
The warrants were exercised at prices ranging from $0.05 CAD to $0.445 CAD per warrant.
How much debt did Bluesky Digital Assets (BTCWF) settle through share issuance?
Bluesky Digital Assets settled $126,000 CAD in debt by issuing 200,000 common shares at $0.63 CAD per share.
What will Bluesky Digital Assets (BTCWF) use the warrant exercise proceeds for?
The proceeds will be used for advancing the company’s AI development and business endeavors, as well as general working capital purposes.
