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AlphaTON Capital Corp Announces $15 Million Registered Direct Offering
Globenewswire· 2026-01-13 20:30
Core Viewpoint - AlphaTON Capital Corp has announced a definitive agreement to purchase 15,000,000 ordinary shares at a price of $1.00 per share, aiming to raise $15 million in gross proceeds for scaling GPU deployments and general corporate purposes [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 generate sustainable returns for shareholders [5]. - AlphaTON is incorporated in the British Virgin Islands and trades on Nasdaq under the ticker symbol "ATON" [6]. Group 2: Financial Offering Details - The offering is expected to close on or about January 14, 2026, pending customary closing conditions [1]. - H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering, with net proceeds intended for scaling GPU deployments for Cocoon AI and working capital [2]. - The offering is conducted under a "shelf" registration statement filed with the SEC, which was declared effective on December 11, 2025 [3].