In addition, HIVE Blockchain will also conduct ATM financing through cooperation with two large independent brokers in Canada. According to the equity distribution agreement, the company may sell up to 100 million US dollars of common stock from time to time (ATM equity plan). The Company intends to use the net proceeds of the ATM Equity Plan, if any, primarily for general corporate and working capital needs, to fund ongoing operations, to repay outstanding debt from time to time, to complete future acquisitions or for other corporate purposes.
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