Nasdaq-listed Solana Company completes $8M capital increase

Nasdaq-listed Solana Company has completed a capital increase of approximately $8 million, The Wall Street Journal (WSJ) reported. The company issued 3,076,922 shares of Class A common stock at a price of $2.6 per share. This investment round was led by Mirae Asset and included participation from HashKey Capital. The proceeds will be used to purchase additional SOL and for operating capital.