SOL Strategies Inc. Expands Innovative LIFE Unit Offering

Author: Henry Turner Updated: 09-24-2025 09:18 AM

SOL Strategies Inc. Enhances LIFE Offering of Investment Units

SOL Strategies Inc. (CSE: HODL) has made a significant announcement about its private placement of investment units. Originally set at C$25 million, the offering has now been increased to C$30 million, reflecting a robust demand for investment in the blockchain space.

Details of the Upsized Offering

The newly adjusted LIFE Offering will include 4,380,000 units priced at $6.85 each, resulting in gross proceeds of C$30,003,000. Each unit is composed of one common share and a warrant, with the warrants allowing the purchase of additional shares at $8.90 each for a 36-month period following the offering's closure.

Management of the Offering

The successful execution of the LIFE Offering will be managed on a best-efforts basis by Canaccord Genuity Corp., which will act as the agent and sole bookrunner. As part of the agreement, SOL Strategies will compensate the Agent with a cash commission of 6% on the gross proceeds, in addition to broker warrants at the same percentage of the total units sold.

Utilization of Proceeds

The net funds raised through this LIFE Offering will be utilized primarily for corporate purposes and to support investments that align with SOL Strategies' foundational investment principles, with a clear focus on enhancing its Solana treasury growth.

Key Terms of the Offering

Revised Offering Size: C$30,003,000.
Unit Price: $6.85.
Warrants: Each warrant is exercisable at $8.90, indicating a 30% premium for up to three years.
Eligible Jurisdictions: All Canadian provinces except Quebec, plus compliance with offshore regulations.
Hold Period: No Canadian statutory hold period will apply to the shares and warrants issued under the LIFE Exemption.
Eligibility: The common shares and warrants are suitable for various retirement accounts including RRSPs and TFSAs.
Expected Closing: Anticipated around October 1, 2025, contingent on necessary approvals from regulatory authorities.

Company Background

SOL Strategies Inc. (CSE: HODL, NASDAQ: STKE) is a pioneering Canadian investment company that plays a crucial role in the blockchain sector. Specifically focusing on the Solana ecosystem, it delivers strategic investments and infrastructure solutions designed to accelerate the development of decentralized applications.

Contact Information for Investors

For inquiries, interested investors can reach out to John Ragozzino, CFA at 203-682-8284 or via email at solstrategies@icrinc.com.

Company Contact

Doug Harris, Chief Financial Officer of SOL Strategies, is available for further company-related queries at 416-480-2488 or doug@solstrategies.io.

Frequently Asked Questions

What is the purpose of SOL Strategies' LIFE Offering?

The LIFE Offering aims to raise funds for general corporate purposes and strategic investments in the blockchain sector.

Who manages the LIFE Offering?

Canaccord Genuity Corp. acts as the agent and sole bookrunner for the LIFE Offering.

What are the terms of the warrants in the LIFE Offering?

Each warrant can be exercised to purchase a common share at $8.90 for three years following the offering.

When is the expected closing date for the offering?

The closing is anticipated around October 1, 2025, subject to regulatory approvals.

How does the LIFE Offering benefit SOL Strategies?

The proceeds will help enhance SOL Strategies' treasury and support growth initiatives within the Solana ecosystem.

About The Author

Hi there, As a writer and financial specialist, Henry Turner is passionate about guiding people through the complex world of finance. Having worked in finance for many years, I am an expert at simplifying difficult financial ideas into understandable, useful insights for my blog and articles. My goal is to arm you with the confidence and information you need to make wise financial choices.

Writing for a number of financial blogs has allowed me to interact with readers from novice investors looking for fresh ideas to seasoned investors starting their financial journeys. My mission is to enable everyone to understand and access finance, so enabling you to confidently and clearly reach your financial goals. I appreciate you traveling with me toward success and financial literacy.

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