DDC Enterprise, a Hong Kong-based company operating in food and Bitcoin treasury, launched a public offering of DDC SAVOR 13.5% Series A perpetual preferred shares. Priced at $20 each, the shares have a stated value of $25 and carry a cumulative annual dividend of $3.375 per share, accrued daily and payable in cash. The offering, announced on November 4, 2026, is expected to raise at least $24 million in gross proceeds, with funds allocated to dividend reserves, convertible note repayment and additional Bitcoin purchases. Investors may receive total bonus cash payments of up to $4 per share if Bitcoin reaches specified price thresholds for 10 consecutive trading days. DDC has applied to list the shares on NYSE American under the ticker SVOR, subject to exchange approval, while accredited and institutional investors will participate in a concurrent registered direct offering.
Source: Read the original article
