WOO Network Buys Back Shares and Tokens From Bankrupt Three Arrows Capital

According to a press release, WOO agreed to cancel shares purchased by 3AC in 2021’s Series A fundraise and repurchase 20 million WOO tokens, worth around $3.4 million at current prices. The tokens have been sent to a burn address or crypto wallet that cannot be accessed by anyone.

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• Source: https://www.coindesk.com/business/2023/10/11/woo-network-buys-back-shares-and-tokens-from-bankrupt-three-arrows-capital/?utm_medium=referral&utm_source=rss&utm_campaign=headlines