Workflow
Matador Technologies Files Preliminary Base Shelf Prospectus for CAD$900 Million
GlobeNewswire News Roomยท2025-07-14 11:30

Core Viewpoint - Matador Technologies Inc. has filed a preliminary short form base shelf prospectus to raise up to CAD$900 million in various securities over a 25-month period to support its growth strategy and Bitcoin treasury accumulation [2][3]. Group 1: Shelf Prospectus Details - The Shelf Prospectus, once approved, will allow the company to offer common shares, debt securities, warrants, subscription receipts, units, or any combination thereof, totaling up to CAD$900 million [2]. - The management believes that this prospectus will enable efficient capital access for future growth opportunities and strategic acquisitions [2][3]. Group 2: Strategic Goals - The CEO stated that filing the prospectus is a step towards raising capital to support the long-term strategy of responsibly growing the Bitcoin treasury and increasing Bitcoin per share [3]. - The Chief Visionary Officer emphasized that the filing supports capital allocation towards Bitcoin accumulation and infrastructure development, aligning operations with shareholder value [3]. Group 3: Recent Developments - Matador has proposed an investment in HODL Systems, aiming for up to a 24% ownership stake, which enhances its position as a leading Bitcoin treasury company and supports global Bitcoin adoption [6].