Canadian listed company SOL Strategies submits a $1 billion preliminary infrastructure prospectus

ChainCatcher news, according to official sources, Canadian public company SOL Strategies has submitted a preliminary short-form prospectus to the securities regulatory authorities in various provinces and territories of Canada, intending to raise up to $1 billion in the next two years through the issuance of common shares, warrants, and other securities.

Once the prospectus is finally approved, the company will be allowed to issue common shares (including "at-the-market" offerings), warrants, subscription receipts, units, debt securities, or any combination thereof. The company's CEO, Leah Wald, stated that this move will enhance the company's flexibility in seizing investment opportunities within the Solana ecosystem. Currently, the company has no immediate plans to issue any securities under this prospectus.