On October 1, 2025, Sol Strategies Inc. (“Sol Strategies”, or the “Company”), a publicly-traded Canadian company actively investing in and providing infrastructure for the Solana blockchain, completed a “best efforts” private placement offering of units of the Company (the “Offering”) for gross proceeds of approximately C$30 million pursuant to the listed issuer financing exemption. The net proceeds of the Offering will be used to expand the Company’s Solana treasury, as well as for general corporate purposes and working capital.
The Offering was led by Canaccord Genuity Corp., as agent and sole bookrunner.
Fasken advised Sol Strategies with a team that included Daniel Fuke, Irene Lai, and Terence Bernard.
Jurisdiction
- Ontario
