Super League Shareholders Approve Metaplanet Deal for 2,100 Bitcoin
Photo: TokenPost
Super League shareholders approved a deal under which Metaplanet would contribute 2,100 Bitcoin (BTC) and $2.5 million at closing. Metaplanet would contribute the Bitcoin and cash at closing. In return, Metaplanet would receive about 44.86 million common shares, strategic alliance preferred shares and warrants. The shares would be subject to a five-year lock-up. After closing, Super League would be renamed Superplanet, and its ticker would change from SLE to SUPA. The deal would give Metaplanet a U.S.-listed Bitcoin treasury platform.
Also reported by Blockchain Reporter.
Source: TokenPost
