Merlin announces $80 million PIPE private placement of 8 million shares
PUBT · 2d ago
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- Merlin announced an USD 80 million PIPE with an existing institutional shareholder.
- Transaction calls for issuance of 8 million common shares.
- Deal includes warrants for 4 million shares at USD 6.67 per share, expiring in five years.
- Closing is expected on or about May 1, 2026.
- Merlin expects total cash resources of about USD 183 million following financing.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Merlin Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202604290918PRIMZONEFULLFEED9709489) on April 29, 2026, and is solely responsible for the information contained therein.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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