Universal Digital (CSE: LFG) (FSE: 8R20) (OTCQB: LFGMF) has entered a subscription agreement with Helena Global Investment Opportunities 1 Ltd. for a private placement of up to $50 million in senior secured convertible debentures to be issued in up to 14 tranches, with the first $3.34 million tranche expected to close on or about Oct. 31, 2025. The one-year debentures will bear 17.5% annual interest, be convertible at 100% of the prior day’s CSE closing price (subject to a $0.05 minimum), and be secured by all current and acquired Bitcoin holdings. Each tranche will also include warrants equal to 25% of the tranche amount, exercisable for three years at 130% of the prior day’s closing price. “This financing framework provides Universal Digital with a flexible, scalable capital structure to support our Bitcoin Treasury Strategy and future digital-asset initiatives,” said CEO Chris Yeung.
Joseph Gunnar & Co., LLC served as sole placement agent.
To view the full press release, visit https://ccw.fm/nXcZk
About Universal Digital Inc.
Universal Digital Inc. is a Canadian investment company focused on digital assets, businesses and private and publicly listed entities that are involved in high-growth industries, with a particular focus on blockchain, cryptocurrencies and cryptocurrency technologies. The Company aims to provide shareholders with long-term capital growth through a diversified investment approach, and to participate in the transformation of global finance through the integration of digital asset strategies.
For more information, visit the company’s website at https://www.universaldigital.io/
About CryptoCurrencyWire
CryptoCurrencyWire (“CCW”) is a specialized communications platform with a focus on blockchain and the cryptocurrency sector. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled recognition and brand awareness. CCW is where breaking news, insightful content and actionable information converge.
To receive SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 888-902-4192 (U.S. Mobile Phones Only)
For more information, please visit https://www.CryptoCurrencyWire.com
Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published: https://www.CryptoCurrencyWire.com/Disclaimer
CryptoCurrencyWire
Austin, Texas
www.CryptoCurrencyWire.com
512.354.7000 Office
Editor@CryptoCurrencyWire.com
CryptoCurrencyWire is powered by IBN
