TON Treasury Company AlphaTON Capital Raises $15 Million Through Common Stock Registered Offering

Odaily News Nasdaq-listed TON treasury company AlphaTON Capital announced it has raised $15 million through a registered offering of common stock, issuing a total of 15,000,000 shares of common stock at a price of $1 per share. HC Wainwright & Co. acted as the exclusive placement agent for this offering. The company stated that it plans to use the net proceeds from this offering to expand the GPU deployment scale of Cocoon AI, supplement working capital, and for general corporate purposes. (Globenewswire)