Moon Inc. Raises About $8.8M via New Shares and Convertible Notes to Roll Out Bitcoin Prepaid Card

Deal Summary

Hong Kong-listed Moon Inc. (HKEX: 1723) raised roughly US$8.8 million (about HK$65.5 million) through a private placement of new shares and convertible notes to fund rollout of a Bitcoin prepaid card across Asia. The funds come from a private allotment; investor identities were not disclosed.