Solana Treasury's Fundraising Platform Solmate Plans to Raise $11.4 Million

BlockBeats News, May 21st, Solmate Infrastructure, a Nasdaq-listed Solana treasury company, announced a registered direct offering to issue a total of 2,298,000 shares of Class B common stock at a price of $4.97 per share, expecting to raise approximately $11.4 million. The transaction is expected to close around May 27, 2026, subject to customary closing conditions.