[Bitcoin Institutional Financial Platform Zeta Network Group Announces $6 Million Registered Direct Offering Pricing] Odaily Planet Daily News – Digital infrastructure and fintech company Zeta Network Group (NASDAQ: ZNB) announced that it has entered into a securities purchase agreement with institutional investors to issue up to $10 million in senior convertible promissory notes with a 10% original issue discount and warrants. The initial closing of this offering involves $6 million in notes, expected to bring the company total proceeds of $5.4 million, with the closing date set for around March 12, 2024. This date also coincides with the effective date of the company’s previously announced 1-for-100 reverse stock split on Nasdaq. The notes bear no interest and are immediately convertible into Class A common stock upon issuance. Additionally, the second closing for the remaining portion is expected no earlier than May 12, 2024. Zeta Network Group is currently focused on developing a Bitcoin-centric institutional financial platform, with business operations covering digital asset financial management, Bitcoin liquidity aggregation, and sustainable mining. (PR Newswire)