Bank of America Dave announces repurchase of $100 million in convertible notes from FTX for $71 million
PRNewswire reported that Dave Inc. in the United States announced that it had reached an agreement with FTX Ventures Ltd. to repurchase $100 million convertible bonds originally issued to FTX at a discounted price of $71 million. The completion conditions of this transaction are the approval of the agreement by the bankruptcy court and FTX not conducting any other transactions of convertible bonds.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
How to Get the Valhalla Airdrop: A Complete Guide
Cannes to support crypto payments for local businesses
OpenLoop Integrates IQ AI’s IQ GPT to Transform User Experience and Connectivity Solutions
XRP Hits 7-Year High Above $3 as Large Holders Accumulate $3.8B of Tokens