According to ChainCatcher, the Canadian publicly traded company SOL Strategies has submitted a preliminary short-form prospectus to securities regulators across Canada, aiming to raise a maximum of $1 billion over the next two years.
Once the prospectus is approved, the company will be allowed to issue common shares, warrants, subscription receipts, units, debt securities, or any combination thereof. CEO Leah Wald stated that this move will enhance the company's flexibility in seizing investment opportunities within the Solana ecosystem. Currently, the company has no plans to issue any securities under this prospectus.