Bit Brother Ltd

Bit Brother Ltd. Is a holding company, which engages in the supply and distribution of tea beverages and related products. The company was founded on November 28, 2011 and is headquartered in Changsha, China.

Bit Brother Ltd. Is a holding company, which engages in the supply and distribution of tea beverages and related products. It operates through the Tea Shop Chains, and Block Chain and Digital Asset Mining segments. The company was founded on November 28, 2011, and is headquartered in Changsha, China.

CHANGSHA, China, July 20, 2021 /PRNewswire/ -- Bit Brother Limited ("Bit Brother, " "We" or the "Company") (NASDAQ: BTB), announced today the closing on July 20, 2021 of its previously announced registered direct offering of 15 million ordinary shares and warrants to purchase 15 million ordinary shares at a purchase price of $1.50 per share for gross proceeds of $22.5 million. The warrants are exercisable immediately upon the date of issuance and have an exercise price of $1.50.

Bit Brother Limited Closes Previously Announced $22.5 Million Registered Direct Offering

Bit Brother Ltd (NASDAQ: BTB) has entered into a securities purchase agreement with certain accredited investors to sell $22.5 million of shares and warrants in a direct offering. Bit Brother will sell 15 million ordinary shares, and warrants for the purchase of 15 million shares.

Bit Brother Shares Plunge After Raising $22.5M Via Equity Offering At 25% Discount

CHANGSHA, China, July 16, 2021 /PRNewswire/ -- Bit Brother Limited ("Bit Brother, " "We" or the "Company") (NASDAQ: BTB), announced today that it has entered into a securities purchase agreement with certain accredited investors to sell $22.5 million of its ordinary shares and warrants in a registered direct offering. Under the terms of the securities purchase agreement, Bit Brother has agreed to sell 15,000,000 ordinary shares and warrants to purchase 15,000,000 ordinary shares.

Bit Brother Limited Announces Pricing of $22.5 Million Registered Direct Offering

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Bit Brother Ltd (NASDAQ: BTB) plans to acquire 51% of Angelo's Pizza 1697 Inc, 1279 1st Avenue LLC, and 60th Street Restaurant Corporation (collectively called Angelo's Pizza), for $12.5 million in cash and stock. Angelo's Pizza has been around as a family-style boutique restaurant for 30 years, later turning to a chain restaurant for another 90 years.

Bit Brother Plans To Buy 51% Stake In Angelo's Pizza For $12.5M

CHANGSHA, China , July 13, 2021 /PRNewswire/ -- Bit Brother Limited (the "Company," "we" or "Bit Brother") (NASDAQ: BTB), today announced it has entered into a non-binding letter of intent (the "LOI"), to acquire 51% of Angelo's Pizza 1697 Inc., 1279 1st Avenue LLC, and 60th Street Restaurant Corporation (collectively as "Angelo's Pizza"). Angelo's Pizza has been around as a family-style boutique restaurant for 30 years, later pivoting to a chain restaurant for another 90 years.

Bit Brother Intents to Acquire 100-year-old Restaurant Angelo's Pizza 1697 Inc

CHANGSHA, China, June 25, 2021 /PRNewswire/ -- Bit Brother Limited (the "Company," "we" or "Bit Brother") (NASDAQ: BTB) is pleased to announce that effective on June 16, 2021, its name has changed from Urban Tea Inc. to Bit Brother Limited, and its ticker symbol has changed from MYT to BTB, reflecting our vision for the future to conduct business in the cryptocurrency and blockchain industry. We are also pleased to announce that our US subsidiary, Bit Brother New York Inc. ("Bit Brother NY"), has obtained the money services business (MSB) license from the U.S. Financial Crimes Enforcement Network (FinCEN) Department of the Treasury.

News for Bit Brother Ltd Stock (BTB)