Investment and Financial Services Firm Files $5 Billion Shelf Offering
Investment and financial services firm Fundamental Global Inc. has filed a $5 billion shelf offering with the U.S. Securities and Exchange Commission (SEC). The company announced that it plans to use a portion of the proceeds to purchase Ethereum (ETH).
A shelf offering is a method that allows a company to gradually issue stocks, bonds, or similar securities to the market as needed in the future by filing a mass registration application with the SEC before raising capital. This system allows companies to raise capital quickly and flexibly when financing needs arise.
*This is not investment advice.
