Matador Technologies Inc.
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Matador Technologies Inc. Announces Closing of Convertible Note Facility to Expand Bitcoin Holdings
Globenewswire· 2025-11-10 12:30
Core Viewpoint - Matador Technologies Inc. has successfully closed the first tranche of a secured convertible note facility, raising USD$10.5 million to purchase Bitcoin for its balance sheet [1][2]. Financing Details - The facility allows for an additional USD$89.5 million in follow-on drawdowns, contingent on regulatory approvals and specified conditions [2]. - The convertible notes bear an interest rate of 8% per annum, which will decrease to 5% after Matador uplists to NASDAQ or NYSE [2]. - Interest on the notes can be paid in cash, added to the principal, or converted into common shares [3]. Conversion and Maturity - All principal and interest under the notes can be converted into common shares, with a maximum of 19,842,083 shares available at a conversion price of USD$0.529178304 (CAD$0.72) per share [4]. - The notes will mature on December 7, 2027 [4]. Placement Agent and Fees - Joseph Gunnar & Co., LLC acted as the placement agent, receiving a total of USD$787,500 in fees and 992,104 broker warrants [6]. Strategic Objectives - Matador aims to acquire up to 1,000 BTC by 2026 and build its holdings to 6,000 BTC by 2027, with a long-term goal of holding approximately 1% of Bitcoin's total supply [8]. - The company is also pursuing a 24% ownership stake in HODL Systems, enhancing its position in the Bitcoin treasury space [9]. Company Overview - Matador Technologies focuses on holding Bitcoin as its primary treasury asset and developing products to enhance the Bitcoin network, aiming for long-term shareholder value and capital efficiency [7].
Matador Technologies Inc. Announces Updated Terms of USD$100 Million Convertible Note Facility to Expand Bitcoin Holdings
Globenewswire· 2025-11-03 21:15
Core Insights - Matador Technologies Inc. has entered into an amended secured convertible note facility with ATW Partners, allowing the issuance of convertible notes totaling up to USD$100 million [2][3] - The facility is exclusively for purchasing Bitcoin to enhance Matador's balance sheet, with an initial tranche of USD$10.5 million and additional drawdowns subject to regulatory approvals [3][4] - The company aims to accumulate up to 1,000 BTC by 2026 and 6,000 BTC by 2027, targeting a position among the top 20 global corporate holders of Bitcoin [6][19] Financing Structure - The convertible notes will bear an interest rate of 8% per annum, reducing to 5% after the company's uplisting to NASDAQ or NYSE, with a potential increase to 18% in case of default [4][5] - A commitment fee of 5% of the purchase price of all notes sold will be paid to the investor [3][5] - The notes are secured by collateral consisting of Bitcoin, with a requirement of 150% of the principal amount for the initial closing and 100% for subsequent closings [14] Strategic Objectives - The financing supports Matador's long-term Bitcoin accumulation strategy, aiming to increase Bitcoin per share and align with institutional interest [4][5] - The company is focused on maintaining capital efficiency while expanding its Bitcoin position [4][19] - Matador's strategy includes investing in innovative growth-stage financing and enhancing the Bitcoin network through product development [18][20]
Matador Engages Team Dyno Limited for Investor Relations Services
Globenewswire· 2025-10-30 21:00
Core Insights - Matador Technologies Inc. has entered into a consulting agreement with Team Dyno Limited for investor relations services, effective October 29, 2025, for a term of six months [1][2] - The partnership aims to enhance Matador's communication strategy and broaden its reach within the investment community [2] Company Overview - Matador Technologies Inc. is a publicly traded company focused on the Bitcoin ecosystem, primarily holding Bitcoin as its treasury asset and developing products to enhance the Bitcoin network [4] - The company has recently invested in HODL Systems, acquiring up to a 24% ownership stake, reinforcing its position as a leading Bitcoin treasury company [5] Compensation Details - In exchange for Dyno's services, Matador will pay a monthly cash fee of US$5,500 and grant 283,715 stock options, with a notional value of US$5,000 per month for 12 months, totaling US$60,000 [8]
Matador Engages Team Dyno Limited for Investor Relations Services
Globenewswire· 2025-10-30 21:00
TORONTO, Oct. 30, 2025 (GLOBE NEWSWIRE) -- Matador Technologies Inc. ("Matador" or the "Company") (TSXV: MATA, OTCQB: MATAF, FSE: IU3), the Bitcoin Ecosystem Company, announces that it has entered into a consulting agreement with Team Dyno Limited ("Dyno") dated effective October 29, 2025 (the "Agreement"), to provide investor relations services to the Company. Dyno will assist the Company in investor relations and business development strategy. The agreement is for a term of six (6) months, commencing on O ...
Matador Acquires 5 Bitcoin for CAD$810,733, Bringing Its Total Bitcoin (and Bitcoin Equivalent) Holdings to 82
Globenewswire· 2025-10-15 11:30
Core Insights - Matador Technologies Inc. has acquired an additional 5 bitcoin for CAD$810,733 (USD$579,188), maintaining Bitcoin as a core treasury asset [1][2] - Following this acquisition, Matador's total Bitcoin holdings are approximately 82 bitcoin, with a long-term goal of owning about 1% of Bitcoin's fixed supply of 21 million coins [2][3] - The company is progressing towards a USD$100 million secured convertible note facility with ATW Partners, which is expected to provide additional flexibility for scaling its Bitcoin position [2][3] Financial Strategy - The recent Bitcoin purchase was funded from existing cash, while preserving the company's shelf capacity and note facility for future opportunities [3] - Matador aims to reach targets of 1,000 BTC by 2026 and 6,000 BTC by 2027, focusing on capital allocation during market softness [3] - The company has filed a preliminary short form base shelf prospectus for CAD$500 million to support its financial strategy [2] Business Development - Matador has expanded its international exposure by agreeing to acquire up to a 24% interest in HODL Systems, a digital asset treasury company based in India [5] - The company maintains a Bitcoin-first approach and is evaluating product initiatives to support activity on the Bitcoin network [6] - Matador's strategy combines Bitcoin accumulation, product development, and participation in digital asset infrastructure to drive long-term shareholder value [4][6]
Matador Technologies Inc. Provides U.S. Listing and Leadership Update
Globenewswire· 2025-09-29 11:30
Core Insights - Matador Technologies Inc. has confidentially submitted a draft registration statement on Form 20-F to the U.S. SEC for a potential listing on Nasdaq as part of its long-term capital markets strategy [1][2] - The filing of the registration statement is a significant step for issuers seeking to register securities, but it does not guarantee approval or provide a timeline for effectiveness [2] - CEO Deven Soni emphasized the company's intent to broaden access to global investors while adhering to its Bitcoin-native treasury model [2] Company Updates - Sunny Ray, the President of Matador, has left the company effective September 24, 2025, to pursue new opportunities, and the company is searching for a successor [3] - Matador Technologies Inc. focuses on holding Bitcoin as its primary treasury asset and developing products to enhance the Bitcoin network, aiming to drive long-term shareholder value without dilution [4] Strategic Investments - Matador has expanded its global presence by investing in HODL Systems, securing up to a 24% ownership stake, which reinforces its position as a leading Bitcoin treasury company [5] - The investment in HODL Systems highlights Matador's commitment to the global adoption of Bitcoin as a reserve asset [5]
Matador Technologies Highlights Recent Conference Participation and Upcoming Industry Engagements
GlobeNewswire News Room· 2025-08-06 11:30
Core Insights - Matador Technologies Inc. is actively engaging with the Bitcoin and digital asset community through participation in various industry conferences and events throughout 2025 [2][3][4]. Recent Conference Attendance - Matador has attended several key events, including Consensus 2025, Bitcoin 2025 Conference, and Blockchain and Digital Assets Virtual Investor Conference, to connect with industry leaders and investors [4][5]. - The company aims to strengthen relationships across capital markets and the Bitcoin community through these engagements [3][4]. Upcoming Industry Engagements - Future events include Learning Bitcoin 2025, Economic Times World Leaders Forum 2025, and Bitcoin Asia 2025, which will focus on various aspects of Bitcoin and digital assets [5]. - The company is committed to building real-world infrastructure for Bitcoin, enhancing its usability and accessibility [6]. Strategic Initiatives - Matador is focused on holding Bitcoin as its primary treasury asset and developing products to enhance the Bitcoin network [7]. - The company has proposed an investment in HODL Systems, securing up to a 24% ownership stake, which reinforces its position in the Bitcoin treasury space [8]. Company Vision - Matador's strategy emphasizes strategic Bitcoin accumulation, product development, and participation in digital asset infrastructure to drive long-term shareholder value [7][9].
X @Michael Saylor
Michael Saylor· 2025-07-23 13:54
RT Matador Technologies (@buymatador)Matador Technologies Inc. (TSXV: MATA | OTCQB: MATAF | FSE: IU3) just secured a USD$100M facility to buy more Bitcoin.First USD$10.5M closed. All proceeds go to BTC.We're building toward:📌 1,000 BTC by 2026📌 6,000 BTC by 2027📌 1% of all BTC long termMinimally dilutive. Fully aligned.Full press release: https://t.co/OFbPjUD2BZ ...
X @Bitcoin Archive
Bitcoin Archive· 2025-07-23 13:16
Financing - Matador Technologies Inc 获得 1 亿美元融资 [1] - 公司将使用融资购买更多比特币 [1] Market Trend - 企业采用比特币的趋势正在升温 [1]
Matador Technologies Inc. Secures USD $100 Million Financing Facility to Accelerate Bitcoin Treasury Growth
Globenewswire· 2025-07-23 12:51
Core Insights - Matador Technologies Inc. has entered into a secured convertible note facility agreement with ATW Partners, allowing the issuance of convertible notes up to USD $100 million to support its Bitcoin acquisition strategy [2][3][6] - The initial funding of USD $10.5 million will be used exclusively for purchasing Bitcoin, with a long-term goal of acquiring up to 1,000 BTC by 2026 and 6,000 BTC by 2027, aiming to become a top 20 global corporate holder of Bitcoin [3][7][11] - The notes will carry an interest rate of 8% per annum, with a maturity of approximately two years, and will be secured by Bitcoin collateral [5][6] Funding Structure - The secured convertible notes provide minimally dilutive, price-adaptive funding that converts at market-aligned prices [2] - The facility is designed to support Matador's treasury strategy, reinforcing its commitment to increasing Bitcoin holdings [3][4] - The initial tranche of USD $10.5 million is backed by 1.5x Bitcoin collateral, while future tranches will be secured by 1.0x Bitcoin collateral [5][6] Strategic Goals - Matador aims to hold 1% of Bitcoin's total supply as part of its long-term strategy [7] - The company is focused on growing Bitcoin per share (BPS) and enhancing its balance sheet through strategic Bitcoin accumulation [4][10] - The partnership with ATW Partners brings both capital and strategic depth to Matador's vision in the Bitcoin ecosystem [6]