Overstock.com, the online retailer presently getting decentralized stock exchange Medici, has described how it might provide digital securities in a new Securities and Exchange Commission (SEC) filing.
Submitted on 24th April, the S-3 kind describes Overstock’s intention to issue new stocks or securities. The providings, according to the company, could amount to as much as $ 500m.
The filing likewise information how Overstock might seek to provide digital securities through an alternative trading system. Under an area entitled ‘Threats Applicable to Digital Securities Offerings’, the business mentions:
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