According to Wu Blockchain, as per U.S. SEC filings, Bitcoin mining infrastructure and hosting service provider Bitari Inc. has submitted an S-1 filing, planning to issue approximately 4.286 million shares at $7 per share, aiming to raise around $30 million. The company has applied to list on the Nasdaq Global Market under the ticker symbol BIAI, pending approval. After deducting expenses, the net proceeds are expected to be approximately $26.95 million, with around 40% allocated for strategic acquisitions and investments, and 15% for new mining facilities and infrastructure development. https://(wublock123.com)/news/bitari-bitcoin-mining-ipo-30m-nasdaq-67141