SOL Strategies (CSE:HODL) has announced the launch of a LIFE unit offering, aiming to raise up to CAD 25 million (approximately USD 18 million). Each unit is priced at CAD 6.85 and includes one common share and one warrant, with the warrant exercisable at CAD 8.90, representing a 30% premium. The warrants have a 36-month validity period. The offering is expected to close around October 1, with net proceeds allocated for general corporate purposes and the growth of the Solana treasury.
SOL Strategies Launches $18 Million LIFE Unit Offering
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