Alphaton Files $420.69m Registration as Tiny Ton Treasury Eyes AI Push

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Small-cap publicly traded firm AlphaTON Capital has signaled ambitions to access a substantially larger fundraising capacity as it delves deeper into the artificial intelligence and Telegram ecosystem. 

The company has exited the SEC’s “baby-shelf” limitations and filed a $420.69 million shelf registration, a precise figure often referenced in crypto’s meme culture. The rules limit the amount of capital that very small public companies can raise through a shelf registration. This aims to prevent tiny issuers from flooding the market with…



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Alphaton Files $420.69m Registration as Tiny Ton Treasury Eyes AI Push


Small-cap publicly traded firm AlphaTON Capital has signaled ambitions to access a substantially larger fundraising capacity as it delves deeper into the artificial intelligence and Telegram ecosystem. 

The company has exited the SEC’s “baby-shelf” limitations and filed a $420.69 million shelf registration, a precise figure often referenced in crypto’s meme culture. The rules limit the amount of capital that very small public companies can raise through a shelf registration. This aims to prevent tiny issuers from flooding the market with…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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