Crypto Community Nepal
Latest update about Cryptocurrencies, Metaverse, NFT and Defi. You will get important information and tips for your future investment in Digital Assets.
10/05/2022
According to a May 4 Schedule 13D filing with the Securities and Exchange Commission, 18 firms have agreed to fund Elon's acquisition of Twitter with a $7.139
Billion investment boost. A Schedule 13D is a form that must be submitted to the SEC when an individual or group
acquires more than 5% of a company's equity.As per the filing, Twitter has already received commitment
letters in connection with the proposed $44B acquisition of Twitter, "pursuant to the Merger Agreement from the
equity investors." Key crypto firms invest Among the list of investors,Binance was the only crypto exchange to invest in the firm with a $500 million equity commitment. Other firms in the
crypto industry included venture capital Sequoia Capital and Fidelity Management & Research Company LLC which
put aside $800 million and $316.1 million respectively.AH Capital Management, L.L.C., popularly known as Andreessen Horowitz (a16z) also committed $400 million towards the cause with a list of other traditional venture capital firms added to the list. In addition, Prince Al Waleed bin Talal of Saudi Arabia, a major shareholder of Twitter agreed to purchase 34.94 million shares "at or immediately
before the closing of the Merger"
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13/04/2022
Top 10 Projects by TVL Growth in the Last 7D 💯🚀💯
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