TORONTO, June 17, 2022 /PRNewswire/ -- Alameda Research Ventures LLC ("Alameda") reported that it acquired 14,957,265 common and variable voting shares (the "Shares") of Voyager Digital Ltd. ("Voyager") for total consideration of US$35,000,000, or approximately US$2.34 per Share, pursuant to a private placement by Voyager on May 20, 2022. The Shares represented approximately 7.6% of the issued and outstanding Shares of the Company as of May 31, 2022.
Prior to the acquisition of the Shares, an affiliate of Alameda, Alameda Ventures Ltd., beneficially owned 7,723,995 Shares of Voyager, which represented approximately 3.9% of the issued and outstanding Shares on May 31, 2022. Following the acquisition of the Shares, Alameda and its affiliate collectively own or exercise control or direction over, directly or indirectly, an aggregate of 22,681,260 Shares, representing approximately 11.56% of the issued and outstanding Shares of Voyager as of May 31, 2022.
Alameda acquired the Shares for investment purposes. Alameda may from time to time acquire additional securities, dispose of some or all of the existing or additional securities or may continue to hold the securities of the Company. For further information and to obtain a copy of the early warning report filed by Alameda under applicable Canadian securities laws, please see Voyager's profile on SEDAR at www.sedar.com.
Alameda's address is 2000 Center Street, 4th Floor, Berkeley, California 94704. Alameda is a limited liability company formed under the laws of the State of Delaware engaged in private investment activities.
Certain information in this press release, including, but not limited to, statements regarding Alameda's future plans, may constitute forward looking information (collectively, forward-looking statements), which can be identified by the use of terms such as "may," "will," "should," "expect," "anticipate," "project," "estimate," "intend," "continue" or "believe" (or the negatives) or other similar variations. Because of various risks and uncertainties, including those referenced below, actual events or results may differ materially from those reflected or contemplated in such forward-looking statements. As a result, you should not rely on such forward-looking statements. Additional information identifying assumptions, risks and uncertainties relating to Voyager is contained in Voyager's filings with the Canadian securities regulators available at www.sedar.com. Alameda assumes no obligation, except as required by law, to update any forward-looking statements to reflect new information or otherwise.
For further information about Alameda, or to obtain a copy of Alameda's early warning report, contact:
M Group Strategic Communications
SOURCE Alameda Research