Classover Holdings Inc. (Nasdaq:KIDZ, KIDZW), a prominent provider of live, interactive online learning, has announced a significant development in its financial strategy with the entry into a securities purchase agreement with Solana Growth Ventures LLC. This agreement involves the issuance of up to $500 million in senior secured convertible notes. An initial closing and funding of $11 million is anticipated promptly once customary closing conditions are met. The notes can be converted into the Company's Class B common stock at an initial conversion price of 200% of the closing price of the stock on the day before the closing date, subject to specific adjustments. As part of the agreement, Classover is committed to allocating up to 80% of the net proceeds towards purchasing Solana $(SOL)$ tokens, further advancing its strategy to establish a SOL-based treasury reserve. This initiative complements a previously announced $400 million equity purchase agreement, bringing the total potential financing capacity to $900 million dedicated to supporting its SOL acquisition strategy. For additional details, the full prospectus can be accessed at the Securities and Exchange Commission's internet site: http://www.sec.gov.