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Solana treasury company Solmate announces $11.4 million rights offering

2026-05-21 14:30

Odaily Planet Daily News: Solmate Infrastructure, a Nasdaq-listed Solana treasury company, announced the issuance of an aggregate of 2,298,000 shares of Class B common stock through a registered direct offering. The offering price is $4.97 per share, with total expected proceeds of approximately $11.4 million. The transaction is expected to close on or around May 27, 2026, subject to customary closing conditions. (Businesswire)