TON treasury company Alpha TON Capital submits $420 million shelf registration statement to the US SEC
Foresight News reported that AlphaTON Capital, a Nasdaq-listed TON treasury company, has submitted a $420.69 million Shelf Registration Statement to the US SEC to further enhance financing flexibility and provide funding for subsequent artificial intelligence and high-performance computing (HPC) infrastructure expansion projects. AlphaTON Capital will also seek strategic mergers and acquisitions of profitable companies within the Telegram ecosystem.
A Shelf Registration Statement is a registration method authorized under US securities law that allows issuers to issue securities in multiple tranches within a specific period (usually three years) after the registration statement becomes effective. This enables issuers to flexibly seize issuance opportunities according to market conditions and funding needs.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Pacifica platform launches sub-account feature, trading competition to start on December 8
Bubblemaps: Snipers identified in the WET presale, with over 70% of addresses being their sybil addresses
Metaplanet raises $50 million by collateralizing bitcoin to purchase more bitcoin
Glassnode: Short-term holders bore most of the losses during this BTC correction

