TownSquare Sonar public offering is oversubscribed, pre-market price already 25% above offering price

Odaily Odaily reports that the TownSquare Sonar public offering is oversubscribed, with the pre-market price already 25% above the offering price. As of press time, the public offering of TownSquare on Sonar has exceeded $91 million, approximately 10% oversubscribed.

Meanwhile, the pre-TGE pre-market price of the TOWN token asset on Aspecta remains at a valuation of over $250 million.

As one of the few Sonar public offering projects listed on the Polymarket prediction market, the probability of the public offering exceeding $1 million is currently 99%, exceeding $1.25 million is 73%, and exceeding $1.5 million is 52%.