Bitdeer Announces Pricing of US$360.0 Million Convertible Senior Notes Offering
Bitdeer Technologies Group (BTDR)
Company Research
Source: GlobeNewswire
SINGAPORE, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (Nasdaq: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, today announced the pricing of US$360.0 million principal amount of 5.25% Convertible Senior Notes due 2029 (the “notes”) in a private placement (the “offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The Company has also granted the initial purchasers of the notes an option to purchase, within a 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional US$40.0 million principal amount of the notes. The sale of the notes is expected to close on November 26, 2024, subject to customary closing conditions. The notes will be general, senior unsecured obligations of the Company and will bear interest at a rate of 5.25% pe
Show less
Read more
Impact Snapshot
Event Time:
BTDR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BTDR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BTDR alerts
High impacting Bitdeer Technologies Group news events
Weekly update
A roundup of the hottest topics
BTDR
News
- Bitcoin in Bhutan: Charting Its Own Course of Economic Development [Yahoo! Finance]Yahoo! Finance
- Bitdeer Technologies Group (NASDAQ: BTDR) had its price target raised by analysts at B. Riley from $15.00 to $24.00. They now have a "buy" rating on the stock.MarketBeat
- Bitdeer Technologies Group (NASDAQ: BTDR) had its price target raised by analysts at Roth Mkm from $15.00 to $29.00. They now have a "buy" rating on the stock.MarketBeat
- Bitdeer Technologies Group (NASDAQ: BTDR) had its price target raised by analysts at Benchmark Co. from $16.00 to $29.00. They now have a "buy" rating on the stock.MarketBeat
- Bitdeer Technologies Group (NASDAQ: BTDR) had its price target raised by analysts at Rosenblatt Securities from $17.00 to $22.00. They now have a "buy" rating on the stock.MarketBeat
BTDR
Earnings
- 11/18/24 - Miss
BTDR
Sec Filings
- 12/19/24 - Form EFFECT
- 12/11/24 - Form F-3
- 12/11/24 - Form 6-K
- BTDR's page on the SEC website