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Solana treasury company Solmate raised $11.4 million through a private placement of common stock.

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ME News: On May 21 (UTC+8), Solmate Infrastructure, a Solana treasury company listed on Nasdaq, announced that it will issue a total of 2,298,000 shares of Class B common stock through a registered direct offering. The offering price is $4.97 per share, and the total expected gross proceeds are approximately $11.4 million. The transaction is expected to close on or about May 27, 2026, subject to customary closing conditions. (Source: ChainCatcher)
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