BlockBeats News, May 29th, according to official sources, Canadian publicly traded company SOL Strategies has submitted a preliminary short form prospectus to securities regulatory authorities in each province and territory of Canada, intending to raise up to $1 billion in funding over the next two years through the issuance of common stock, warrants, and other securities.
Upon final approval of the prospectus, the company will be authorized to issue common shares (including "at-the-market"), warrants, subscription receipts, units, debt securities, or any combination thereof. CEO Leah Wald stated that this move will enhance the company's flexibility to capture investment opportunities within the Solana ecosystem. Currently, the company has no immediate plans to issue any securities based on this prospectus.
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