Welcome to our dedicated page for TREX ACQUISITION news (Ticker: TRXA), a resource for investors and traders seeking the latest updates and insights on TREX ACQUISITION stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect TREX ACQUISITION's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of TREX ACQUISITION's position in the market.
T-REX Acquisition Corp. (PINK: TRXA) announced the effective registration of 6,505,267 shares of common stock by the SEC. This allows for potential resale by selling stockholders, including PIPE Investors and warrants. Sales will start at a fixed price of $1.50 per share until the stock is quoted on OTC Market Group tiers. The company will not receive proceeds from these sales but will from any cash exercises of the warrants. The SEC also declared effective a registration statement on Form S-1 earlier this month.
T REX Acquisition Corp. (OTC Pink Sheets: TRXA) announced its entry into the cryptocurrency mining sector through its subsidiary, Raptor Mining LLC. The company is focused on environmentally sustainable mining practices to enhance growth potential. T REX has partnered with Ace Host, a Tampa-based data center, to manage its first cryptocurrency mining equipment. This co-location strategy allows T REX to reduce overhead costs while ensuring efficient operations. The company expects to significantly scale its mining activities over the coming months, capitalizing on new power sources.
FAQ
What is the market cap of TREX ACQUISITION (TRXA)?
