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CORRECTION – Matador Technologies Inc. Announces Updated Terms of USD$100 Million Convertible Note Facility to Expand Bitcoin Holdings
Globenewswire· 2025-12-16 00:00
Core Viewpoint - Matador Technologies Inc. has announced a significant financing move through an amended secured convertible note facility to enhance its Bitcoin accumulation strategy, aiming to acquire up to 1,000 BTC by 2026 and ultimately hold approximately 1% of Bitcoin's total supply [2][4][5] Financing Details - The amended facility allows Matador to issue convertible notes totaling up to USD$100 million, with an initial tranche of USD$10.5 million [3][5] - The facility is exclusively designated for purchasing Bitcoin, with additional drawdowns available subject to regulatory approvals [3][5] - The investor, ATW Partners, can require the issuance of additional notes totaling up to USD$75 million, with a 5% commitment fee payable in cash [3][5] Strategic Objectives - The financing is part of Matador's long-term strategy to increase Bitcoin per share and reflects sustained institutional interest in its approach [4][5] - The company aims to build its Bitcoin holdings to 6,000 BTC by 2027 and rank among the top 20 corporate holders globally [5] Interest and Conversion Terms - The notes will bear an interest rate of 8% per annum, reducing to 5% after uplisting to NASDAQ or NYSE, with a potential increase to 18% in case of default [6][15] - The principal and interest can be converted into common shares, with a maximum of 19,842,083 shares issuable upon conversion [10][15] Institutional Partnership - ATW Partners is identified as a leading U.S.-based institutional investor focused on innovative growth-stage financing, enhancing Matador's capital structure [5][19] Recent Developments - Matador has proposed to invest in HODL Systems, securing up to a 24% ownership stake, which strengthens its position as a Bitcoin treasury company [19]
CORRECTION – Matador Technologies Inc. Announces Updated Terms of USD$100 Million Convertible Note Facility to Expand Bitcoin Holdings
Globenewswire· 2025-12-16 00:00
Core Viewpoint - Matador Technologies Inc. has announced a corrective disclosure regarding its amended secured convertible note facility, which allows the company to issue up to USD$100 million in convertible notes to fund Bitcoin purchases for its balance sheet [2][3]. Group 1: Financing Details - The amended facility includes an initial tranche of USD$10.5 million, with an additional USD$89.5 million available, contingent on regulatory approvals and other conditions [3]. - The investor, ATW Partners, can require the issuance of additional notes totaling up to USD$46.25 million before the uplisting and up to USD$28.75 million after, for a total of USD$75 million [3]. - A commitment fee of 5% of the purchase price of all notes sold will be paid to the investor [3]. Group 2: Strategic Objectives - The financing is aimed at supporting Matador's long-term Bitcoin accumulation plan, with a goal of acquiring up to 1,000 BTC by 2026 [4]. - The company aims to build its Bitcoin holdings to 6,000 BTC by 2027 and to hold approximately 1% of Bitcoin's total supply, positioning itself among the top 20 corporate holders globally [5]. Group 3: Interest and Conversion Terms - The notes will bear an interest rate of 8% per annum, reducing to 5% after uplisting to NASDAQ or NYSE, with a potential increase to 18% in case of default [6]. - Special interest payments will be made based on the occurrence of specific events, with detailed calculations provided for both successful uplisting and failure scenarios [7]. - The principal and interest can be converted into common shares, with a maximum of 19,842,083 shares available for conversion under the initial closing [10]. Group 4: Security and Collateral - The notes will be secured by collateral consisting of Bitcoin, with a requirement of 150% of the principal amount for the initial closing and 100% for subsequent closings [15]. - The conversion price for the principal amount will vary based on the company's listing status, with specific pricing mechanisms outlined for both pre- and post-uplisting scenarios [11][13]. Group 5: Institutional Partnership - ATW Partners is identified as a leading U.S.-based institutional investor focused on innovative growth-stage financing, enhancing Matador's capital strategy [5]. - The partnership underscores sustained institutional interest in Matador's Bitcoin-centric strategy [4]. Group 6: Expansion Plans - Matador is also pursuing an investment in HODL Systems, aiming for a 24% ownership stake, which will strengthen its position as a leading Bitcoin treasury company [19].
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 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].
Matador Technologies Inc. Secures USD $100 Million Financing Facility to Accelerate Bitcoin Treasury Growth
GlobeNewswire News Room· 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 totaling up to USD $100 million [2][3] - The initial funding of USD $10.5 million will support Matador's strategy to acquire Bitcoin, aiming to hold up to 1,000 BTC by 2026 and 6,000 BTC by 2027, positioning itself among the top 20 corporate holders globally [3][6] - The notes will carry an 8% annual interest rate and will be secured by Bitcoin collateral, with a conversion price set at CAD$0.72 for the initial tranche [4][5] Funding Structure - The secured convertible notes provide a minimally dilutive and price-adaptive funding mechanism, converting at market-aligned prices [2] - The facility is designed to exclusively fund Bitcoin purchases, reinforcing Matador's treasury strategy [3][5] - The notes will be senior secured, with the initial closing backed by 1.5x Bitcoin collateral and future tranches by 1.0x Bitcoin collateral [4] Strategic Goals - Matador aims to hold 1% of Bitcoin's total supply as part of its long-term strategy [6] - The partnership with ATW Partners enhances Matador's capital and strategic depth in the Bitcoin ecosystem [5] - The company is also expanding its global footprint by investing in HODL Systems, securing up to a 24% ownership stake [10]
Matador Technologies to Launch “Grammies” – A Digital Gold Product on the Bitcoin Blockchain
Globenewswire· 2025-07-08 11:30
Core Insights - Matador Technologies Inc. has launched a Digital Asset Platform that allows the creation of unique digital artwork etched onto 1 gram of physical gold, integrating precious metals with blockchain technology [1][3] - The inaugural product, "Grammies," represents a fusion of digital and physical value, with each piece recorded on the Bitcoin Blockchain, ensuring verifiable scarcity and provenance [3][6] - The first collection features 1,000 unique art pieces created in collaboration with renowned artist dxxmsdxy, highlighting the company's commitment to innovation in the digital art space [5][6] Company Overview - Matador Technologies Inc. is a publicly traded Bitcoin ecosystem company 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 strengthens its position as a leading Bitcoin treasury company [8] - Matador's strategy emphasizes strategic Bitcoin accumulation, product development, and participation in digital asset infrastructure to drive long-term shareholder value [7][8] Product Features - Each Grammie is a one-of-a-kind digital collectible that can be transferred to Bitcoin-compatible wallets and printed onto physical gold [5][6] - The collectibles are inscribed on various types of satoshis, offering collectors a range of rare digital assets [5][6] - The artworks are algorithmically generated, each carrying its own serial identity and story, enhancing their uniqueness and appeal [5][6] Market Context - With gold priced at approximately USD $3,300 per ounce, Matador's offerings present a new frontier for art collectors and precious metals enthusiasts seeking alternative stores of value [3] - The integration of blockchain technology with physical gold aims to provide security, transparency, and a new collectible experience for consumers [4][6]
Matador Technologies Receives Final Approval for Change of Business – Clearing the Way for Bitcoin Ecosystem Strategy
Globenewswire· 2025-07-02 11:30
Core Insights - Matador Technologies Inc. has received final approval from the TSX Venture Exchange to transition to a hybrid "Technology / Investment" issuer, enabling it to operate flexibly within the Bitcoin economy [2][3][5] - The company now holds 77.4 Bitcoin and Bitcoin equivalents, including a recent acquisition of 8.4 BTC for CAD$1.2 million, and maintains a disciplined capital base of approximately CAD$5.3 million [5][6] - Matador is pursuing a strategic investment in HODL Systems, a digital asset firm in India, aiming for a 24% ownership stake, which is subject to TSXV approval [8][18] Business Strategy - The approval allows Matador to execute its strategy of scaling Bitcoin holdings, investing in Bitcoin infrastructure, and developing related digital asset technologies [3][4][12] - The company plans to deploy capital into Bitcoin-native technologies and markets, focusing on treasury management, custody, synthetic mining, and tokenization [13][12] - Matador's balance sheet reflects its core thesis that sound money infrastructure is essential for the next generation of financial services [7] Market Expansion - India is identified as a strategic market for Matador, with significant growth potential in technology infrastructure and digital financial services [9][11] - The investment in HODL Systems positions Matador to leverage India's growing investor base and interest in financial innovation [10][18] - The company aims to monetize its balance sheet through synthetic mining and yield generation while expanding its global footprint [12][13] Leadership and Governance - Matador's strategic direction is supported by a seasoned leadership team and a Strategic Advisory Board, including industry veterans [14] - The current Vice-President of Finance, Geoff St. Clair, will continue in his role, bringing extensive experience in finance and corporate development [15][16]