TechFlow News, March 28: According to GlobeNewswire, Artelo Biosciences—a Solana treasury company listed on Nasdaq—announced a private placement of 3,188,407 ordinary shares at $3.45 per share, raising a total of $11 million. Additionally, the company disclosed that it will issue warrants exercisable for up to 6,376,814 ordinary shares at an exercise price of $3.20 per share; if all warrants are exercised for cash, the total proceeds would amount to approximately $20.4 million. The transaction is expected to close around March 30. According to the latest data from StrategicSolanaReserve, Artelo currently holds 45,883 SOL.
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