On January 30, 2023, MultiMetaVerse Holdings Limited closed the transaction. The company amended the terms of the transaction. The company issued 450,000 shares at an issue price of $10 per share for gross proceeds of 4,500,000.

On the same date, the company issued 250,000 shares at an issue price of $10 per share for gross proceeds of $2,500,000 in its second and final tranche closing.