TON treasury company Alpha TON Capital submits $420 million shelf registration statement to the US SEC
Foresight News reported that AlphaTON Capital, a Nasdaq-listed TON treasury company, has submitted a $420.69 million Shelf Registration Statement to the US SEC to further enhance financing flexibility and provide funding for subsequent artificial intelligence and high-performance computing (HPC) infrastructure expansion projects. AlphaTON Capital will also seek strategic mergers and acquisitions of profitable companies within the Telegram ecosystem.
A Shelf Registration Statement is a registration method authorized under US securities law that allows issuers to issue securities in multiple tranches within a specific period (usually three years) after the registration statement becomes effective. This enables issuers to flexibly seize issuance opportunities according to market conditions and funding needs.
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