SonicStrategy ensures an investment of Sonic Labs of $ 40 million, Nasdaq eyes listed

SonicStrategy ensures an investment of Sonic Labs of $ 40 million, Nasdaq eyes listed

TLDR:

  • SonicStrategy receives an investment of USD of $ 40 million Sonic Labs, structured as convertible debt in tokens of $ S.
  • The investment prepares the scenario for the SonicStrategy Nasdaq list and long -term alignment with the Sonic ecosystem.
  • The debt instrument has a period of six months, a conversion price of $ 4.50 USD per share and a three -year block.
  • Tokens Sonic financing will be blocked for four years to support coordination and strategic operations.

Sonicstrategy has assured a $ 40 million Investment in USD of Sonic Labs to strengthen your connection with the Sonic block chain. The agreement is structured as a convertible debt instrument financed in sound tokens.

The company plans to use funds for treasure, validator operations and Blockchain investments. This movement positions Sonicstrategy to follow a list of Nasdaq in the United States. The executives of both companies say that the investment aligns the long -term interests and supports institutional adoption.

Sonicstrategy Investment details and nasdaq plans

Sonic Labs, the base behind Sonic BlockchainLead the financing round of $ 40 million.

The investment is structured as an unusual convertible debt without interest financed in sound tokens ($ S). SonicStrategy can turn debt into common shares at $ 4.50 USD per share if the milestones of the Nasdaq list are met.

Financing supports the application of SonicStrategy to the list in Nasdaq or other senior exchange of the USA. The company also intends to ensure at least $ 40 million of USD in additional debts or capital financing to satisfy the conversion conditions. SonicStrategy will use capital to expand validator operations and support Sonic -based projects in the initial stage.

Mitchell Demeter, CEO of Sonicstrategy, told Newsfile that the funds will scale the operations and strengthen treasure reserves.

The team also aims to increase institutional participation in the Sonic Network. The participation of Sonic Labs reinforces the strategic alignment, which includes a four -year block in the Sonic Tokens provided.

The terms of the debt instrument include a three -year block in any action issued after conversion. This guarantees long -term collaboration between Sonicstrategy and Sonic Labs. Executives point out that any future financing will comply with the rules of exchange of Canadian values ​​and stock regulations.

Strategic alignment and market cryptography bridge

Michael Kong, CEO of Sonic Labs, described Sonicstrategy as the “natural bridge between the Sonic network and traditional finances.” He emphasized that the investment demonstrates confidence in the execution of the company and Institutional infrastructure.

SonicStrategy plans to take advantage of this capital to connect cryptographic and public markets effectively. The investment will also provide credibility and visibility to the sound ecosystem of Blockchain. Both companies highlight the importance of the synchronized strategy for the adoption of the long -term network.

The company confirmed that additional debt or financing is currently organized. Any future financing will be publicly announced to maintain transparency. SonicStrategy expects to provide updates on your NASDAQ application As developments occur.

The Sonicstrategy approach combines public market exposure with blockchain infrastructure. Financing positions the company to handle both operational needs and market expansion simultaneously.

Executives describe this step as fundamental for the global visibility and institutional credibility of Sonic.



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