Gryphon Digital Restructures $18 Million Debt With Lender Anchorage, Grants It Board Seat
Gryphon Digital Restructures $18 Million Debt With Lender Anchorage, Grants It Board Seat
On Monday, Gryphon Digital Mining, Inc. (NASDAQ:GRYP) announced it has entered into an agreement with lender Anchorage Lending CA, LLC, a subsidiary of Anchor Labs, Inc. d/b/a Anchorage Digital, to restructure the Company's outstanding debt substantially.
週一，Gryphon Digital Mining公司, Inc.（納斯達克：GRYP）宣佈已與貸款人Anchorage Lending CA，LLC（Anchor Labs，Inc.的子公司，業務執照爲Anchorage Digital）達成協議，重組公司的未償債務。
Under the terms of the agreement, Gryphon's remaining 304 BTC (approximately $18 million) liability to Anchorage Digital will be split between $13 million, which will convert into equity and pre-funded warrants and $5 million, which will remain as debt.
根據協議條款，Gryphon剩餘的304比特幣（約1800萬美元）責任將在1300萬美元和500萬美元之間劃分，其中1300萬美元將轉換爲股權和預支款，而500萬美元將保留爲債務。
Anchorage Digital will be granted a seat on the Company's Board of Directors.
Anchorage Digital將獲得一席之地董事會。
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另請參閱：以色列跳過瞄準伊朗石油製造行業後，比特幣、以太幣、狗狗幣上漲：分析師預計主流加密貨幣將在新年前後交易於9萬至10萬美元區間。
The $13 million converts into 8.3 million Gryphon common shares and 3.5 million pre-funded warrants for $1.10 per share, representing a 100% premium to Gryphon's trailing 30-day average closing price.
1300萬美元轉換爲830萬Gryphon普通股和每股1.10美元的350萬預支款，相當於Gryphon過去30天的平均收盤價的100%溢價。
The remaining $5 million debt will have a 3-year term with a 4.25% annual interest rate, payable interest only during the term.
剩餘的500萬美元債務期限爲3年，年利率4.25%，僅在期限內支付利息。
At the end of the term, if the Company has not paid off the debt, Anchorage Digital may convert the $5 million into equity as follows: 50% ($2.5 million) at $1.10/share and 50% ($2.5 million) at $1.50/share. Anchorage Digital will also receive warrants to acquire 2 million shares at $1.50/share.
到期後，如果公司未償還債務，Anchorage Digital可能將500萬美元轉換爲股權，具體方式如下：50%（250萬美元）以1.10美元/股的價格轉換，另外50%（250萬美元）以1.50美元/股的價格轉換。 Anchorage Digital還將獲得權證，以1.50美元/股的價格獲得200萬股。
Gryphon CEO Steve Gutterman said, "By reducing our debt from approximately $18 million to $5 million and offering conversion at $1.10 per share – approximately double our current stock price – we are not just improving our balance sheet, we believe we are showcasing a sophisticated investor's belief in our value. "
Gryphon首席執行官史蒂夫·古特曼表示：「將我們的債務從約1800萬美元減少到500萬美元，並以每股1.10美元的價格提供轉換 - 這大約是我們當前股價的兩倍 - 我們不僅改善了資產負債表，更是在展示一個老練投資者對我們價值的信仰。」
Mr. Gutterman added, "With an improved balance sheet in place, we believe we are now well-positioned to execute on accretive initiatives, including securing low-cost power deals, strategic M&A, and expanding our revenue generating operations. And, perhaps most importantly, we are delighted to have Anchorage Digital's input as a member of our board."
古特曼先生補充道：「在優化的資產負債表的基礎上，我們相信我們現在已經做好了執行增值舉措的準備，包括獲取低成本電力協議、戰略併購以及擴大我們的營收業務。而且，也許最重要的是，我們很高興有Anchorage Digital作爲我們董事會的成員提供意見。」
"Bitcoin mining plays an important role in the digital asset ecosystem, and we believe Gryphon can seize opportunity by applying traditional business rigor to accelerate its growth plans. We're pleased to bring Gryphon onto our balance sheet as a vote of confidence," said Nathan McCauley, Co-Founder and CEO of Anchorage Digital.
「比特幣挖礦在數字資產生態系統中扮演着重要角色，我們相信Gryphon可以通過將傳統業務嚴謹性應用到加速其增長計劃中來抓住機會。作爲對Gryphon增信的一種方式，我們很高興將其列入我們的資產負債表，」Anchorage Digital的聯合創始人兼首席執行官內森·麥考利說。
Price Action: GRYP stock closed higher by 2.14% on $0.6100 at Friday.
股價走勢：GRYP股票在週五以0.6100美元漲高2.14%。
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譯文內容由第三人軟體翻譯。
