Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
AlphaTON exits, Baby Shelf rules, submission of $420 millions registration to advance AI and TON investments

AlphaTON exits, Baby Shelf rules, submission of $420 millions registration to advance AI and TON investments

ChaincatcherChaincatcher2025/12/04 23:56
Show original

According to ChainCatcher, citing GlobeNewswire, AlphaTON Capital has announced its exit from the SEC "Baby Shelf" financing restriction and has filed a $420.69 million shelf registration statement. The funds are planned to be used to expand GPU computing infrastructure supporting the Telegram Cocoon AI network and to acquire revenue-generating companies within the Telegram ecosystem.

The company will also continue to increase its holdings of Toncoin and related digital assets, and will strengthen its TON ecosystem layout through strategic acquisitions and infrastructure deployment. Baby Shelf rule: The SEC imposes financing restrictions on companies with a market capitalization below $75 million, limiting the amount they can raise through simplified methods within a year. Shelf registration: A type of pre-registration document submitted by listed companies to the SEC, allowing for flexible and multiple future financings without the need for separate approval each time.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
© 2025 Bitget