DDC Enterprise Announces Initial Public Offering of Preferred Stock, Expects to Raise $24 Million
DDC Enterprise has announced the initial public offering of preferred stock SAVOR (SVOR), with an initial offering price of $20, an annual dividend rate of 13.5%, paid daily. The offering is expected to raise $24 million, which will be used to repay convertible notes, fund a dividend reserve account, and increase its Bitcoin holdings.
