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Nasdaq company cancels share placement paid in RAIN tokens; token price drops 13% in a day.

Market News
26 Sep 2026
CryptoTicker
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Bearish
Nasdaq company cancels share placement paid in RAIN tokens; token price drops 13% in a day.

Enlivex Ltd., a Nasdaq-listed company, terminated a private placement agreement on September 22, 2026, that would have been paid in RAIN tokens. Following this, the RAIN token price fell 13% in one day and is now 46.4% below its all-time high. The cancellation raises key concerns for holders about token listing status, tax implications of forced sales, and the concentration of token holdings by a single entity. Investors should verify if their exchange still supports RAIN, understand tax rules on forced sales, and consider custody options as liquidity and trading volume remain low.

The RAIN token and its recent financing termination provide context for cryptocurrency market activity. For readers following major cryptocurrencies on Pluang, as of Sep 26, 2026 13:51 WIB, 37 of 50 major cryptos rose while 12 fell. Notable movers include DOT at Rp22.105 with a 6.88% increase, AAVE at Rp2.756.596 up 6.33%, and ENJ at Rp531 rising 6.23%.

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