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Voyager Digital Raises $100 Million by Closing Private Placement | Fintech Finance

February 12 2021

Voyager Digital Raises $100 Million by Closing Private Placement

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Voyager Digital Ltd. is pleased to announce that it has completed its previously announced private placement of common shares of the Company (the ” Shares “) raising gross proceeds of approximately US$100,000,000 at a price of US$13.10 per Share (equivalent C$17.00 per Share). The Company intends to use the net proceeds from the Offering for general corporate purposes. The Offering was led by Stifel GMP, as sole agent and bookrunner.

Stephen Ehrlich, Co-founder and CEO of Voyager, said:

“We welcome our new investors to Voyager and are well capitalized to continue to grow our platform exponentially.  This additional capital will allow Voyager to execute on the Company’s growth strategy including new user growth, international expansion and new product introductions. We’re building out our team, scaling our platform, and onboarding new users at record rates.

“We are well on our way to achieving our goals by educating individual investors about creating wealth through cryptocurrencies by offering over 50 digital assets with 22 bearing interest, all on a commission-free and easy to use platform.”

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