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Matador Technologies Inc. Announces $1.5 Million Strategic Investment by Arrington Capital
TORONTO, May 30, 2025 (GLOBE NEWSWIRE) -- Matador Technologies Inc. (“ Matador ”...
About this update from Matador Technologies Inc.
[{"type":"text","content":"Matador Technologies Inc. Announces $1.5 Million Strategic Investment by Arrington Capital\n\n\n\n TORONTO, May 30, 2025 (GLOBE NEWSWIRE) -- Matador Technologies Inc. (“\n \n Matador\n \n ” or the “\n \n Company\n \n ”) (TSXV: MATA, OTCQB: MATAF), a Bitcoin-focused company, announces the closing of a CAD$1.5 million investment from Arrington Capital, a digital asset management firm, as part of its non-brokered private placement offering of units (“\n \n Units\n \n ”) at $0.62 per Unit (the “\n \n Offering\n \n ”). The Offering was announced on May 22, 2025.\n \n\n As part of this first tranche, the Company issued 2,419,354 Units. Each Unit consists of one common share and one-half of one common share purchase warrant. Each whole warrant entitles the holder to acquire one additional common share at $0.77 for a period of 12 months from issuance. The warrants include an acceleration clause: if the closing price of the Company’s common shares on the TSX Venture Exchange (“\n \n TSXV\n \n ”) equals or exceeds $1.15 for five consecutive trading days following four months and one day after the closing date, the Company may accelerate the expiry to 30 days after issuing a related press release.\n \n\n Arrington Capital (\n \n https://www.arringtoncapital.com/\n \n ), co-founded by Michael Arrington, is an investor in blockchain and digital asset ventures. Their investment supports Matador’s development of financial technologies focused on Bitcoin and tokenized real-world assets.\n \n\n “We’re thrilled to welcome Arrington Capital as a strategic investor,” said Deven Soni, CEO of Matador Technologies Inc. “Their deep conviction in the Bitcoin ecosystem and global perspective on digital assets align perfectly with Matador’s vision. This investment enhances our ability to accelerate development of Bitcoin-native financial products and scale our platform globally.”\n \n\n “This is more than just a capital raise—it’s a signal that the world’s top digital asset investors see the same future we do,” said Mark Moss, Chief Visionary Officer at Matador.\n \n\n Matador is currently the only public Canadian company developing gold and precious metal products on the Bitcoin network. Its trea...