Solana Company completed a targeted increase of approximately $8 million, led by Mirae Asset

According to the news, SOL treasury company Solana Company completed a targeted increase and issued 3,076,922 Class A common shares at a price of 2.6 US dollars per share, which is expected to raise about 8 million US dollars (net capital of about 7.9 million US dollars), led by Mirae Asset, and the participation of HashKey Capital.

The company plans to use the funds raised to increase SOL and daily operations. Furthermore, the company signed a put option agreement with the subscribing party, which stipulates that when specific conditions are triggered, the subscriber has the right to request the company to repurchase the shares at the original subscription price plus an annualized 7% internal rate of return.