"We are continuing to execute our prediction markets treasury strategy, and we are pleased that Lind provided us with substantial capital, stated Shai Novik, Executive Chairman of Enlivex."
"The stock repurchase program represents an appropriate capital allocation to create potential shareholder value, added CEO Oren Hershkovitz."
Enlivex Ltd. finalized a $21 million debt financing agreement with The Lind Partners, closing on March 23. The deal includes convertible notes at a 264% premium to Nasdaq prices. The company acquired over 3 billion RAIN tokens at a 62% discount and extended its option to purchase more tokens until December 31, 2027. This aligns with their treasury strategy focused on decentralized prediction markets. Additionally, a $20 million share repurchase program was initiated to enhance shareholder value.
Read at news.bitcoin.com
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