AlphaTON Capital completes $15 million targeted issuance to expand Cocoon AI's GPU deployment
Foresight News reported that Nasdaq-listed TON treasury company AlphaTON Capital Corp announced the completion of a $15 million private placement. In this offering, a total of 15 million common shares (or equivalent pre-funded warrants) were sold at a price of $1.00 per share, with H.C. Wainwright & Co. serving as the exclusive placement agent. The net proceeds from this round of financing will be used to expand Cocoon AI's GPU deployment, for working capital, and for general corporate purposes.
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
CryptoQuant CEO Ki Young Ju: BTC-USDT perpetual contract leverage ratio is cooling down
ZRO price drops 10% after major retail sell-off, will it continue to fall?
