[TAO Synergies Completes $11 Million Private Placement] U.S. publicly traded company TAO Synergies (NASDAQ: TAOX) announced the completion of an $11 million private placement. This round of financing was participated in by existing shareholders, strategic advisor James Altucher, and DCG, involving the issuance of 11,000 shares of Series E convertible preferred stock and five-year warrants, with a conversion price and exercise price of $8 per share. The funds will be used to support TAO token strategic investments and opportunities related to the Bittensor ecosystem. The transaction is expected to close on October 15.