Solana Company completed a targeted financing of approximately 8 million USD, led by Mirae Asset

SOL Treasury Company Solana Company has completed a targeted issuance, issuing 3,076,922 shares of Class A common stock at a price of $2.6 per share, expecting to raise approximately $8 million (net fundraising of about $7.9 million), with Mirae Asset leading the investment and HashKey Capital participating.

The company plans to use the raised funds to increase its holdings of SOL and for daily operations. In addition, the company has signed a put option agreement with the subscribers, stipulating that when certain conditions are triggered, the subscribers have the right to request the company to repurchase shares at the original subscription price plus an annualized internal rate of return of 7%.