Matador Technologies Inc. has obtained a $58.4 million short-form base shelf prospectus from the Ontario Securities Commission, allowing the company to raise capital flexibly over the next 25 months. This move is part of Matador's strategy to enhance its financial stability and expand its Bitcoin holdings.
In addition to the prospectus, Matador has finalized a $100 million secured convertible note with ATW Partners, increasing its potential liquidity to over $158 million. The firm aims to grow its Bitcoin reserves to 1,000 by 2026, leveraging technical analysis to guide its acquisition strategy.
Matador Technologies Secures $58M Prospectus for Fundraising
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