Hunter Taubman Fischer & Li LLC acted as U.S. securities counsel to Bit Brother Limited.
Bit Brother Limited (NASDAQ: BTB) (“Bit Brother” or the “Company”) closed its registered direct offering of 15 million ordinary shares and warrants to purchase 15 million ordinary shares at a purchase price of $1.50 per share and corresponding warrant for gross proceeds of $22.5 million, before deducting placement agent’s fees and other related offering expenses.
Maxim Group LLC acted as sole placement agent for the offering.
Bit Brother Limited (formerly known as Urban Tea, Inc.) was incorporated in the British Virgin Islands as a company with limited liability on November 28, 2011. Our business currently consists of the distribution and retail of specialty tea products.
The Hunter Taubman Fischer & Li team was led by partner Joan Wu (Picture).
Involved fees earner: Joan Wu – Hunter Taubman Fischer & Li LLC;
Law Firms: Hunter Taubman Fischer & Li LLC;
Clients: Bit Brother Limited;