Core Viewpoint - AlphaTON Capital Corp has successfully closed a registered direct offering of 15 million ordinary shares at a price of $1.00 per share, raising a total of $15 million in gross proceeds to support its operations and growth initiatives [1][2]. Group 1: Company Overview - AlphaTON Capital Corp is a leading public technology company focused on scaling the Telegram super app, targeting an addressable market of 1 billion monthly active users [1][5]. - The company employs a comprehensive M&A and treasury strategy that includes direct token acquisition, validator operations, and strategic ecosystem investments to deliver sustainable returns for shareholders [5]. - AlphaTON provides institutional-grade exposure to the TON ecosystem and Telegram's platform while adhering to governance standards and reporting transparency typical of Nasdaq-listed companies [5]. Group 2: Financial Details - The offering generated aggregate gross proceeds of $15 million before deducting placement agent fees and other expenses [2]. - The net proceeds from the offering are intended for scaling GPU deployments for Cocoon AI, working capital, and general corporate purposes [2]. Group 3: Regulatory and Compliance - The securities were offered under a "shelf" registration statement filed with the SEC, which was declared effective on December 11, 2025 [3]. - The offering was conducted solely through a prospectus, which is available on the SEC's website [3].
AlphaTON Capital Corp Announces Closing of $15 Million Registered Direct Offering of Ordinary Shares
Globenewswire·2026-01-15 21:01