According to ChainCatcher, the Canadian listed company SOL Strategies has submitted a preliminary short-form prospectus to the securities regulators in various provinces and territories of Canada, aiming to raise up to 1 billion dollars in the next two years.
Once the prospectus is finally 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.
