SonicStrategy files proposed $4.5M non-brokered private placement
- —Up to 22.5 million shares priced at $0.20 each
- —Gross proceeds capped at $4.5 million
- —Up to $2.25 million payable in digital assets
- —Proceeds to fund digital asset treasury and validators
Why it matters: The raise expands SonicStrategy's digital asset treasury and validator operations, potentially strengthening its position in the Sonic ecosystem.
Source: Seeking Alpha Crypto