Windtree Therapeutics (WINT), a biotech company dedicated to developing therapies for critical health conditions, has announced a significant partnership with Build and Build Corporation. The two companies revealed a $200 million securities purchase agreement aimed at establishing a Binance Coin (BNB) treasury.
First NASDAQ-Listed Company Offering Direct BNB Exposure
Under the terms of this agreement, Windtree has the potential to secure an additional $140 million in gross proceeds through future subscriptions, which would bring total subscriptions to $200 million.
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The funds—expected to come in the form of cash, shares of Osprey BNB Chain Trust, and BNB tokens—will primarily be utilized to implement a BNB crypto treasury strategy.
This, according to the firm’s official announcement, positions Windtree as a pioneer in the BNB digital asset space,
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