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AlphaTON Capital Corp Issues Clarification on Anduril Industries Investment Program
Globenewswire· 2025-12-17 23:57
Core Viewpoint - AlphaTON Capital Corp clarifies its investment program related to Anduril Industries, stating that it will not proceed with the tokenized investment program due to transfer restrictions on the underlying common stock [2][3]. Investment Program Clarification - AlphaTON has signed a contract to gain economic exposure to Anduril Industries' common stock through a Special Purpose Vehicle (SPV) structure, rather than a direct equity investment [2]. - The intention was to create a derivative tokenized product to meet the growing demand for exposure to innovative technology companies [2]. Cancellation of Anduril Program - The company has identified that the Anduril Industries common stock is subject to transfer restrictions, and Anduril will not consent to any transfer [3]. - Due to these limitations, AlphaTON has decided to cancel the Anduril tokenized investment program [3]. Commitment to Strategic Investments - AlphaTON remains committed to strategic investments and the tokenization of assets that provide clear ownership rights and align with shareholder value creation objectives [4]. Company Overview - AlphaTON Capital Corp is a leading technology public company focused on scaling the Telegram super app, targeting an addressable market of 1 billion monthly active users [5]. - The company employs a comprehensive M&A and treasury strategy, including direct token acquisition and strategic ecosystem investments to generate sustainable returns for shareholders [5]. - AlphaTON is also involved in drug development, focusing on therapies targeting checkpoint resistance pathways [6].