SOL Strategies Files Form 40-F to List on Nasdaq Exchange: Aggressive Solana Accumulation Ahead?
Sol strategies Inc. (CSE: HODL), a Canadian company that has successfully implemented a Treasury Solana (Sol) plan, filed the 40-F Form of the Securities and Exchange (SEC) Commission of the United States. The company plans to record its titles with the agency and the NASDAQ exchange list under the symbol of Ticker Stke.
Form 40-F is a requirement for the United States’s SEC for Canadian companies seeking to record securities for trade on the American market. Crossover on the American market will help strategies to develop exponentially in the coming years fueled by the traditional adoption of cryptographic assets.
After the announcement, HODL shares won more than 4.3% on Wednesday to close the day at $ 2.38.
Impact expected on the Solana market
As Coinpedia previously reported it, Sol Strategies abandoned its Bitcoin farms to strengthen its Solana hiding place. At the end of May, Sol Strategies reported an additional acquisition of 26,478 soil for $ 4.7 million, increasing its net maintenance to around 420,355 floor rooms.
In Canada, Sol Strategies has deposited a basic basic preliminary prospectus with the securities regulator to emit up to $ 1 billion over the next two years. The company has announced that it planned to strengthen its Solana holdings by taking advantage of the equity market.
Consequently, its entry into the American market will considerably strengthen its attempt to purchase Solana parts. The company will join Defi Development Corp. (NASDAQ: DFDV), which currently contains more than 400,000 coins, and has taken advantage of the vast American stock market to collect more funds for its Solana acquisition submission.
