AlphaTON Capital Exits SEC “Baby-Shelf Rules” and Files $420.69 Million Shelf Registration Statement

Core Insights - AlphaTON Capital Corp has exited the SEC's "baby shelf rules" and filed a $420.69 million shelf registration statement to finance its expansion in AI and high-performance computing infrastructure supporting Telegram's Cocoon AI network [1][3][4] - The company aims to enhance its role as a critical infrastructure provider for decentralized AI computing while acquiring revenue-generating businesses within the Telegram ecosystem [3][4] Strategic Areas - Telegram Distribution: The company plans to establish partnerships with leading Telegram distribution applications across various sectors such as fintech, gaming, health, and sports to create strategic revenue streams [5] - Mergers and Acquisitions: AlphaTON has identified several high-potential acquisition targets within the Telegram ecosystem that are currently generating revenue, focusing on payments, content distribution, and blockchain-enabled services, which are expected to provide immediate cash flow and expand operational reach [5] - Infrastructure Expansion: The company intends to strategically deploy capital to scale its GPU infrastructure in support of Telegram's Cocoon AI network, building on existing partnerships and prior deployments of Nvidia B200 GPUs [10]