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Siebert Financial Secures $100M Shelf Registration Approval From SEC To Fuel Strategic Growth, Potential Acquisitions, Digital Asset Purchases, And AI-Driven Tech Investments

Benzinga · 06/09 12:37

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Siebert Financial Corp. (NASDAQ:SIEB) today announced that its shelf registration statement on Form S-3 has been declared effective by the SEC. The registration is the first step to allow the company to raise up to $100,000,000 through the sale of a range of securities.

The filing strengthens Siebert's financial flexibility. The proceeds may be used to pursue strategic initiatives that align with Siebert's long-term vision, including potential acquisitions, the purchase of digital assets (including Bitcoin, Ethereum, and Solana), and investments to advance technology across all service lines, including, but not limited to, AI-powered solutions.

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