Odaily Planet Daily News: Bitdeer Technologies Group, owned by Wu Jihan, has issued a prospectus, planning to issue up to 150 million Class A common shares with a par value of $0.0000001 per share. Bitdeer may, at its discretion, issue and sell Class A common shares to B. Riley Principal Capital II from time to time after the release of this prospectus, pursuant to the Common Stock Purchase Agreement for up to $150 million signed on August 8, 2023. On September 20, 2023, the closing price of Bitdeer Class A common stock was $12.95. At this price, Bitdeer can issue up to 11,583,011 Class A common shares to B. Riley Principal Capital II, accounting for approximately 18.4% of the issued Class A common shares, approximately 10.4% of the issued common shares, and approximately 24.4% of the publicly traded shares. Earlier news, Bitdeer and B. Riley signed a common stock purchase agreement for up to $150 million in early August. The sales of the Company’s Class A common stock under the Purchase Agreement, and the timing of any sales, are entirely at the option of the Company, and the Company has no obligation to sell any securities to B. Riley Principal Capital II under the Purchase Agreement.