TON Treasury Company AlphaTON Capital raises $15 million through common stock offering

BlockBeats News, January 16, According to Globenewswire, US-listed TON Treasury company AlphaTON Capital announced a $15 million fundraise through a common stock registered offering, issuing a total of 15,000,000 shares of common stock at a price of $1 per share. HC Wainwright & Co. acted as the exclusive placement agent for the offering, and the company stated that it plans to use the net proceeds from the offering to expand the deployment of Cocoon AI's GPUs, supplement working capital, and for general corporate purposes.