SOL Global Investments (TSE:SOL) has released an update.
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SOL Global Investments has successfully settled its debt totaling $9.6 million by issuing 23.99 million common shares at a premium price, leading to a debt-free status. This strategic move is expected to ease capital raising efforts and attract institutional investors. The restructuring aligns with SOL Global’s focus on becoming a Solana-focused pure play.
For further insights into TSE:SOL stock, check out TipRanks’ Stock Analysis page.
