High Times accepts Bitcoin for its IPO

posted 11 months ago
The cannabis publication High Times is accepting cryptocurrency for its ongoing initial public offering (IPO). High Times representative Jon Cappetta confirmed that the company is accepting Bitcoin as a payment option. Cappetta said that a regulatory filing (indicating otherwise) was made "to make the SEC happy."

It's worth noting that Fund America is being used to instantly convert the crypto into US dollars. High Times' IPO itself is going well, Cappetta said, and the company is looking at a direct listing as a result. "The Regulation A [fundraising] is going to close on the 12th of this month, and then from there we will begin the listing process" he said.
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