Solana Treasury Company Artelo Biosciences Completes $11 Million Private Placement Financing

SmartContractAuditor · 2026-03-29T04:06:40+00:00

Artelo Biosciences announced a private placement of 3,188,407 common shares at $3.45 per share, raising $11 million. The funds will be used for company operations and to repay part of its debt. Currently, the company holds 45,883 SOL.

SmartContractAuditor

2026-03-29 04:06:40

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Odaily Planet Daily News - Nasdaq-listed Solana treasury company Artelo Biosciences announced that it will sell a total of 3,188,407 shares of common stock at a price of $3.45 per share through a private placement, raising a total of $11 million. The new funds will be used for general corporate purposes and to repay part of its transitional debt. According to the latest data from StrategicSolanaReserve, Artelo currently holds 45,883 SOL. (Globenewswire)

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