Witzata, United States / Minnesota, July 28, 2025, Chainwire
Mill City Ventures III, Ltd.
When closing the special position, Mill City will adopt the sui treasury strategy
Mill City intends to continue short -term financing and specialized financing
Marius Barnett and Stephen McCainteh, the founders participating in Karatage, will become the Chairman of the company’s board of directors and the company’s chief investment employee, respectively, effectively when closing the private position
The first relationship with industry with the Sui Foundation provides an institutional degree gateway to exposure to the tiles only integrated to collective adoption
Mill City Ventures III, Ltd. (“” “Mail City“or”a company() (NASDAQ: MCVT), a non -banking financial company and a specialized financial company, announced today that it has entered into securities purchase agreements (“”Securities purchase agreements“) For a private investment in public shares to buy and sell 83,025,830 shares of regular shares (or the equivalent of shared shares instead) at a price of $ 5.42 per share to obtain a total total total revenue of $ 450,000,000, before deducting the fees for the position agent and other exhibition expenses (The.Special status“or”an offer“).
Karatage opportunities (“Karatage), The London Royal Hedge Fund specializes in digital assets and emerging technological investments, founded by Marius Barnett and Stephen McCaintech, as a major investor, with an equivalent investment from the Sui Foundation, an independent organization dedicated to mystanty police, and it shares everything. The original contributors to SUI, with deep operational experience via the SUI network.
The offer included participation by prominent companies and infrastructure service providers, Galaxy Digital Inc (Nasdaq: GLXY), Dr Jack Kong – Nlabs Fund as well ParaFi Lapernals, Dao5, Arrington Capitars, Mavens Varcans and MAVENS. Galaxy Asset Management will work as a asset manager.
The width is expected to be closed in or around July 31, 2025, according to the satisfaction of the usual closure conditions. The company intends to use approximately 98 % of net returns from the private position to obtain the original encoded coin for Sui Blockchain, which is usually referred to as “sui”, and about 2 % of the net returns from the private position to finance the short -term lending work of the company. Sui will work as the origin of the company’s primary wardrobe.
AGP/Alliance Global Partners is a single recruitment agent in terms of offers.
Upon closing the offer, the company intends to appoint two new members of the company’s board of directors (“blackboard“.
Marius Barnett (Participant founder of Karatage) will be the Chairman of the Board of Directors. Mr. Barnett, a veteran operator and investor in digital assets, has a full record of building companies through real estate, infrastructure and energy.
Dana Wagner It will serve as an independent board manager. As a member of the Board of Directors at Coinbase Custody Trust and former General Adviser to Square, Mr. Wagner has worked in legal roles at the higher level of companies that define categories at the forefront of financial technology.
Stephen McCain (Participant founder and general partner in Karatage) will be the great investment official of the company. Through previous experience in artificial intelligence and deep technology, Mr. Mackintosh brings extensive experience across the SUI ecosystem as it runs the company’s Treasury SUI strategy.
He said, “We are releasing in a pivotal moment when both the institutional coding and AI reach the critical mass – which creates great opportunities through the infrastructure Stephen McCainSenior Investment Suggested Investment at Mill City and General partner in Karatage. “We believe that SUI is in a good position of collective adoption with the speed and efficiency institutions required by encoding on a large scale, as well as technical architecture capable of supporting the burdens of artificial intelligence work while maintaining safety and decentralization.”
“Sui is designed to provide the ability to expand, speed and safety needed to support the next generation of decentralized applications and cases of encryption in the real world for consumers and institutions alike-from Stablecoins to artificial intelligence to wider games and financing,” added wider financing. ” Christian ThompsonManaging director in Sway Foundation.
Mill City intends to obtain Sui symbols in the open market, as well as through the flow of the institutional class is usually allocated to encryption boxes and an agreement to buy and sell negotiations with Sui Foundation-the treasury strategy that can now be accessed through a public circulating structure with daily liquidity. Since the only Treasury Ministry with the support of the Sui Foundation, Mill City and SUI Foundation will participate information about technology and ecosystem growth, proving it as one of the only encoded treasury strategies that support the basis.
“The future belongs to Crypto, AI and Stablecoins – all of them need infrastructure that can deal with the real range. This is SUI”, Adeni AbiudonParticipant founder and chief product official Mysten Labs. “We believe that everything has led to the right time to make only the foundation vision of a reality – and in our view, the moment is now.”
The offer is submitted, based on an exemption from registration requirements under Article 4 (A) (2) of the Securities Law of 1933, in its amended form (“Securities Law), And/or the regulation d under it, and the laws of government securities in force. Accordingly, the securities submitted in the private position may not be submitted or sold in the United States except for what according to the statement of effective registration or exemption in force from the conditions of purchases applied from the applicable tilt, the printed exemption from the tilt that is provided in the applied tilt will be provided.second) Record the resale of regular shares sold in the private position.
This press statement will not constitute a offer for sale or petition for an offer to purchase these securities, and there should not be any sale of these securities in any other state or jurisdiction in which this offer, petition or sale is illegal before registration or rehabilitation under the laws of securities in any state or any other state.
Advisors
- Sullivan & Worsester LLP acts as a legal advisor to AGP/Alliance Global partners.
- Loeb & Loeb LLP works as a legal consultant for Mill City.
- Akin Gump Strauss Hauer & Feld LLP works as a legal adviser to Karatage.
- O’Lveny & Myers LLP works as a legal advisor for the Sui Foundation.
About Mill City Ventures III, LTD.
Mill City Ventures III, Ltd. In 2007, a specialized financing company that focuses on short -term lending solutions and organized financing. The company provides capital to companies through guaranteed loan agreements, as investors offer attractive returns with a focus on security and risk alleviation. More information about the company can be obtained on www.sec.gov or www.millcityventures3.com.
When closing the special position, the company expects to adopt the Treasury Sui strategy.
About Karate opportunities
Karatage is a London -based hedge box specializing in emerging technological investments across digital assets, artificial intelligence and games. Karatage was founded by Marius Barnett and Stephen Mackintosh, and focuses on identifying and supporting high -growth projects in building the technology of the next generation with the attractiveness of the collective market. As an important early investor in the SUI ecosystem, the Karatage team brings a deep practical experience across Blockchain. For more information about Karatage, please visit Karatage.io.
Upon closing the private position, Marius Barnett and Stephen McCainteh, the founders participating in Karatage, are expected to become the Chairman of the Board of Directors and great investment employees in the company, respectively.
Approcessing statement
The data contained in this press statement on expectations, plans and future prospects, as well as any other data related to non -historical issues, may constitute “aspecting data” in the meaning intended in the laws to reform the special securities for the year 1995, and this aspiration data is subject to various risks and uncertainty. This data includes, but not limited to the data related to the expected closure of the offer, the expected receipt of the offer revenues from the offer, the expected use of the company for revenues from the offer, the opportunities that the offer will be created, and the SUI capabilities, as the implementation of scoring, and Sui opportunities. The registration statement and the company’s ability to make it effective and maintain its effectiveness, and other data that are not historical facts, including data that may be accompanied by words “intended”, “May”, “will”, “goals”, “expected”, “”. The actual results can differ materially from those described in these aspirations due to some factors, including but not limited to, the company’s satisfaction with the closing conditions of the offers, fluctuations in the market price of SUI and any fees for a decrease in the associated value, which the company may bear, which requires the company to climb up to synchronization, SUI relates to the cost of SUI. The ability to achieve profitable operations, Government organization is encrypted currencies and betting via the Internet, changes in the laws or regulations of securities, and the acceptance of customers for new products and services, including the strategy of our Treasury, the risks that SUI classifies as security in light of its current organizational parties or in the future, and the risks that the company considers as an investment company resulting from Sui’s ownership, demand for its economic products, demand for its economic products, and demand On economic products, demand for its economic products, demand for its economic products, its economic products. The company does not bear any responsibility for updating the aspiration data in this press statement.
communication
Financial Director
Joseph a. Gymnasium
Mill City Ventures III, Ltd.
[email protected]
612-868-5815
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