Decentralized finance (DeFi) trading platform Aurox Holdings is looking to raise new capital at a $75 million valuation, according to the firm’s fundraising dashboard on tokenized securities venue tZERO. The firm confirmed the valuation.
Aurox is seeking to raise up to $1 million by selling common shares to investors, with a minimum investment of only $252 to target retail investors. The target date to close the round is March 15.
The firm set a $6 price per share in the company and offered 169,000 shares for sale, based on a document filed to the U.S. Securities and Exchange Commission and reviewed by CoinDesk.
Aurox conducts the raise on tZERO under the SEC’s Regulation Crowdfunding (Reg CF) legal framework that allows eligible companies to raise up to $5 million by selling securities over a 12-month period.
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