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

Odaily · 2026-03-29T05:01:03+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.

Odaily

2026-03-29 05:01:03

Abstract generation in progress

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

SOL-1,67%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.