Tap to Trade in Gate Square, Win up to 50 GT & Merch!
Click the trading widget in Gate Square content, complete a transaction, and take home 50 GT, Position Experience Vouchers, or exclusive Spring Festival merchandise.
Click the registration link to join
https://www.gate.com/questionnaire/7401
Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
The top prize: 50 GT.
 is down 55.75% in pre-market trading. BlockBeats note: PIPE financing is a way to raise funds by selling shares to private investors, typically at a discount to the market price. After the S-3 form registration is completed, these shares can enter public market trading. With a large number of new shares (in this case, the shares from the PIPE financing) being introduced, the supply of stocks in the market increases. If demand does not grow accordingly, this could lead to downward pressure on the stock price, thus triggering fluctuations.