Aether Holdings Announces Proposed $40 Million Public Offering of Securities to Acquire Bitcoin as Part of New Treasury Strategy
Aether Holdings (Nasdaq: ATHR) has announced a proposed $40 million public offering of securities, consisting of units that include common stock and warrants. The company plans to use 85% of the net proceeds to acquire bitcoin as part of its newly adopted bitcoin treasury strategy, with the remaining 15% allocated for working capital.
The offering includes units comprising one share of common stock and one publicly traded warrant, along with pre-funded units. The company expects to price the offering on July 22, 2025, with closing anticipated around July 24, 2025. The Benchmark Company LLC and Axiom Capital Management are serving as representatives to the underwriters.
Aether Holdings (Nasdaq: ATHR) ha annunciato una proposta di offerta pubblica da 40 milioni di dollari di titoli, costituiti da unità che comprendono azioni ordinarie e warrant. L'azienda prevede di utilizzare l'85% dei proventi netti per acquistare bitcoin come parte della sua nuova strategia di tesoreria in bitcoin, destinando il restante 15% al capitale circolante.
L'offerta include unità composte da una azione ordinaria e un warrant quotato pubblicamente, insieme a unità prefinanziate. La società prevede di fissare il prezzo dell'offerta il 22 luglio 2025, con la chiusura prevista intorno al 24 luglio 2025. The Benchmark Company LLC e Axiom Capital Management agiscono come rappresentanti degli offerenti.
Aether Holdings (Nasdaq: ATHR) ha anunciado una propuesta de oferta pública de 40 millones de dólares de valores, que consisten en unidades que incluyen acciones comunes y warrants. La compañía planea usar el 85% de los ingresos netos para adquirir bitcoin como parte de su recién adoptada estrategia de tesorería en bitcoin, destinando el 15% restante para capital de trabajo.
La oferta incluye unidades compuestas por una acción común y un warrant cotizado públicamente, junto con unidades prefinanciadas. La empresa espera fijar el precio de la oferta el 22 de julio de 2025, con el cierre previsto alrededor del 24 de julio de 2025. The Benchmark Company LLC y Axiom Capital Management actúan como representantes de los suscriptores.
Aether Holdings (나스닥: ATHR)는 4천만 달러 규모의 공개 증권 발행을 제안했다고 발표했습니다. 이 증권은 보통주와 워런트가 포함된 단위로 구성되어 있습니다. 회사는 새로 채택한 비트코인 재무 전략의 일환으로 순수익의 85%를 비트코인 구매에 사용할 예정이며, 나머지 15%는 운전자본으로 배분할 계획입니다.
이번 발행은 보통주 1주와 공개 거래되는 워런트 1주로 구성된 단위와 선지급 단위를 포함합니다. 회사는 2025년 7월 22일에 가격을 책정할 예정이며, 2025년 7월 24일경에 마감할 것으로 예상합니다. The Benchmark Company LLC와 Axiom Capital Management가 인수단 대표를 맡고 있습니다.
Aether Holdings (Nasdaq : ATHR) a annoncé une proposition de levée de fonds publique de 40 millions de dollars sous forme de titres composés d’unités incluant des actions ordinaires et des bons de souscription. La société prévoit d’utiliser 85 % des produits nets pour acquérir du bitcoin dans le cadre de sa nouvelle stratégie de trésorerie en bitcoin, le 15 % restant étant destiné au fonds de roulement.
L’offre comprend des unités constituées d’une action ordinaire et d’un bon de souscription coté en bourse, ainsi que des unités préfinancées. La société prévoit de fixer le prix de l’offre le 22 juillet 2025, avec une clôture prévue autour du 24 juillet 2025. The Benchmark Company LLC et Axiom Capital Management agissent en tant que représentants des souscripteurs.
Aether Holdings (Nasdaq: ATHR) hat eine vorgeschlagene öffentliche Emission von Wertpapieren im Umfang von 40 Millionen US-Dollar angekündigt, bestehend aus Einheiten, die Stammaktien und Warrants enthalten. Das Unternehmen plant, 85 % des Nettoerlöses zum Erwerb von Bitcoin im Rahmen seiner neu eingeführten Bitcoin-Treasury-Strategie zu verwenden, während die verbleibenden 15 % für das Betriebskapital vorgesehen sind.
Das Angebot umfasst Einheiten, die aus einer Stammaktie und einem öffentlich gehandelten Warrant bestehen, sowie vorfinanzierte Einheiten. Das Unternehmen erwartet, das Angebot am 22. Juli 2025 zu bepreisen, mit einem Abschluss voraussichtlich um den 24. Juli 2025. The Benchmark Company LLC und Axiom Capital Management fungieren als Vertreter der Underwriter.
- Strategic diversification into bitcoin treasury holdings with 85% of proceeds
- Potential strengthening of balance sheet through $40M capital raise
- Common Warrants expected to be listed on Nasdaq under symbol ATHRW
- Significant shareholder dilution through new share issuance
- High exposure to volatile bitcoin market with 85% allocation
- Substantial risks in implementing new bitcoin treasury strategy
Insights
Aether's $40M offering to fund Bitcoin treasury strategy represents a significant pivot into crypto assets, adding both opportunity and volatility risk.
Aether Holdings has announced a
This offering's structure - units consisting of common stock paired with warrants - is designed to attract investors interested in both equity ownership and additional purchase rights. The inclusion of publicly traded warrants (to be listed under symbol "ATHRW") adds a speculative element that could enhance capital raising capabilities but potentially dilute existing shareholders if exercised.
The decision to allocate
For a fintech company described as "emerging," this Bitcoin treasury strategy represents both alignment with digital financial innovation and a departure from more conservative cash management practices typical of growing businesses. The timing of this decision is particularly notable as it comes amid ongoing regulatory developments in cryptocurrency markets.
Investors should recognize this move fundamentally changes Aether's risk profile, effectively transforming a portion of the company into a Bitcoin investment vehicle while continuing to operate its core fintech business focused on AI and data for investors.
NEW YORK, July 21, 2025 (GLOBE NEWSWIRE) -- Aether Holdings, Inc. (Nasdaq: ATHR) (“we,” “us,” “our,” “Aether,” or the “Company”), an emerging financial technology holding company offering software, data, and artificial intelligence technology to institutional and self-directed investors, today announced that it has commenced an underwritten public offering of units, with expected gross proceeds of approximately
Aether expects to use approximately
Each Unit will consist of one share of common stock and one publicly traded warrant to purchase one share of common stock (a “Common Warrant”). Aether will also offer Pre-Funded Units consisting of one pre-funded warrant to purchase one share of common stock, and one Common Warrant. The offering is expected to price post-market close on July 22, 2025, with the offering anticipated to close on or about July 24, 2025, subject to customary closing conditions.
Aether’s common stock is listed on the Nasdaq Capital Market under the symbol “ATHR.” Aether has applied to list the Common Warrants on the Nasdaq Capital Market under the symbol “ATHRW”.
The Benchmark Company LLC and Axiom Capital Management, Inc. are acting representatives to the underwriters for the offering.
A registration statement relating to these securities has been filed with the U.S. Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. The proposed offering will only be made by means of a prospectus forming part of the registration statement. Electronic copies of the prospectus relating to this proposed offering, when available, may also be obtained from The Benchmark Company LLC, 150 East 58th St., 17th Floor, New York, NY 10155, by telephone: (212) 312-6700, or by email at prospectus@benchmarkcompany.com..
Cautionary Note Regarding Forward Looking Statements
This news release and statements of Aether’s management in connection with this news release or related events contain or may contain "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements related to future events, which may impact our expected future business and financial performance, and often contain words such as "expected", "anticipates", "intends", "plans", "believes", “potential”, "will", "should", "could", "would" or "may" and other words of similar meaning. These forward-looking statements (which include statements regarding the proposed public offering described herein, satisfaction of any closing conditions for such proposed offering, anticipated use of proceeds, and anticipated trading of the Common Warrant on Nasdaq) are based on information available to us as of the date of this news release and represent management's current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve known and unknown risks, uncertainties and other factors, which may be beyond our control. For Aether, particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include but are not limited to the following which are, and will be, exacerbated by any worsening of global business and economic environment: (i) the impact of governmental laws and regulations, including the regulation of artificial intelligence and bitcoin or other cryptocurrencies or digital assets; (ii) our failure to maintain and protect our reputation for trustworthiness and editorial independence; (iii) our ability to develop new products or effectively market our products and services; (iv) our ability to continue to evolve and adapt our technology, including further adoption of artificial intelligence and machine learning techniques; (v) our ability to attract new users and to persuade existing users of our newsletters to renew their subscriptions with us and to purchase higher subscription tiers from us; (vi) our ability to expand the coverage of our products to include foreign markets and additional types of financial instruments (including bitcoin or other cryptocurrencies or digital assets); (vii) our future capital needs; (viii) our ability to expand our revenue streams beyond our current subscriber model; (ix) difficulties with third-party services we rely on or will rely on (including bitcoin custodians or advisors); (x) our ability to successfully fund and execute our bitcoin treasury strategy and managing any operational or reputational risks associated with such strategy; and (xi) similar risks and uncertainties associated with the business of an early stage business operating a in a regulated industry. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law. For a discussion of other risks and uncertainties, and other important factors, any of which could cause Aether’s actual results to differ from those contained in the forward-looking statements, see Aether’s filings with the SEC, including the discussion under the heading “Risk Factors” as found in the prospectus related to the public offering included in our Registration Statement on Form S-1, as well as our other filings with the SEC.
Investor Relations Contact
Jason Liu
Phone: (347)-726-8898
Email: ir@helloaether.com
FAQ
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