Business
SOL STRATEGIES ANNOUNCES AT-THE-MARKET OFFERING
SOL Strategies Inc. (CSE: HODL) (NASDAQ: STKE) ("SOL Strategies" or the "Company"), a company dedicated to growing and building the Solana Economy, today announces that it has entered into a Controlled Equity OfferingSM sales agreement (the "Sales Agreement") providing for an at-the-market equity offering program (the "Offering") with Cantor Fitzgerald & Co. ("Cantor U.S."), Cantor Fitzgerald Canada Corporation (the "Canadian Agent" and together with Cantor U.S., the "Lead Agents"), and Roth Cap
About this update from Sol Strategies Inc.
[{"type":"text","content":"TORONTO, Jan. 2, 2026 /CNW/ - SOL Strategies Inc. (CSE: HODL) (NASDAQ: STKE) ("SOL Strategies" or the "Company"), a company dedicated to growing and building the Solana Economy, today announces that it has entered into a Controlled Equity OfferingSM sales agreement (the "Sales Agreement") providing for an at-the-market equity offering program (the "Offering") with Cantor Fitzgerald & Co. ("Cantor U.S."), Cantor Fitzgerald Canada Corporation (the "Canadian Agent" and together with Cantor U.S., the "Lead Agents"), and Roth Capital Partners, LLC ("Roth" and together with Cantor U.S., the "U.S. Agents" and individually, a "U.S. Agent") (collectively, the "Agents" and individually, an "Agent").","length":827,"tagName":"p"},{"type":"text","content":"The Offering will allow the Company, through the Lead Agents, to offer and sell from time to time up to US$50 million of common shares of the Company (the "Offered Shares") in the United States and Canada. Sales of the Offered Shares, if any, are anticipated to be made in transactions that are deemed to be "at-the-market distributions" as defined in National Instrument 44-102 — Shelf Distributions ("NI 44-102") or "at-the-market offerings" as defined in Rule 415 under the U.S. Securities Act of 1933, as amended, including sales made by the Canadian Agent directly on the Canadian Securities Exchange (the "CSE") or by any U.S. Agent directly on the Nasdaq Global Select Market ("NASDAQ"), or any other recognized trading market for the Offered Shares in Canada and/or the United States. The Offering will be in effect until the earliest of US$50 million of Offered Shares are offered and sold, the expiry of the Canadian Base Shelf Prospectus (as defined below), or the termination of the Sales Agreement in accordance with its terms.","length":1100,"tagName":"p"},{"type":"text","content":"The Agents are not required to sell any specific number or dollar amount of Offered Shares but will use their commercially reasonable efforts to sell, on the Company's behalf, all of the Offered Shares requested to be sold by the Company. The Company may instruct the Agents not to sell Offered Shares if the sales cannot be a...