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TON Treasury Company AlphaTON Capital completes $15 million fundraising through common stock registration and issuance
PANews January 16 News, according to Globenewswire, Nasdaq-listed TON Treasury Company AlphaTON Capital announced the registration and issuance of $15 million through common stock, with a total of 15,000,000 common shares issued at a price of $1 per share. HC Wainwright & Co. served as the exclusive placement agent for this offering. The company stated that the net proceeds from this offering will be used to expand Cocoon AI's GPU deployment scale, supplement working capital, and for general corporate purposes.