Deep Tide TechFlow News: On May 21, according to Businesswire, Solmate Infrastructure, a Solana treasury company listed on Nasdaq, announced it will issue a total of 2,298,000 Class B ordinary shares through a registered direct private placement. The offering price is $4.97 per share, and the company expects to raise approximately $11.4 million in total proceeds. The transaction is expected to be completed around May 27, 2026, depending on customary closing conditions.

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