RATE Group | The Bitcoin Fund Receives Receipt for Final Prospectus
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The Bitcoin Fund Receives Receipt for Final Prospectus

05 May The Bitcoin Fund Receives Receipt for Final Prospectus

Posted at 21:59h in Bitcoin News by

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

TORONTO, May 05, 2020 (GLOBE NEWSWIRE) — 3iQ Corp. is pleased to announce that The Bitcoin Fund (the “Fund”) has received a receipt for its final prospectus in relation to a new issue of Class A Units and Class F Units at a price of US$11.87 per Class A Unit and US$11.63 per Class F Unit (the “Offering”).  On May 1, 2020, the closing price on the TSX of the Class A Units was $13.00 and the Net Asset Value per Class A Unit was $11.0405. The outstanding Class A Units are listed and posted for trading on the Toronto Stock Exchange (the “TSX”) under the trading symbol “QBTC.U”. The TSX has conditionally approved the listing of the offered Class A Units, subject to the fulfillment of TSX requirements.  Class F Units will not be listed on a stock exchange but will be reclassified as Class A Units on a one-for-one basis immediately upon the closing of the Offering.

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