Solmate Infrastructure, a Nasdaq-listed Solana treasury company, has reached a definitive agreement with CEO Ron Sade and board member Keren Maimon for a private placement. The agreement involves the subscription of 2,298,000 shares of the company's Class B common stock at a premium price of $4.97 per share, with a par value of $0.50 per share. This transaction is expected to raise approximately $11.4 million for the company. The deal is anticipated to close around May 27, 2026.