AlphaTON Capital completes $15 million targeted issuance to expand Cocoon AI's GPU deployment
Foresight News reported that Nasdaq-listed TON treasury company AlphaTON Capital Corp announced the completion of a $15 million private placement. In this offering, a total of 15 million common shares (or equivalent pre-funded warrants) were sold at a price of $1.00 per share, with H.C. Wainwright & Co. serving as the exclusive placement agent. The net proceeds from this round of financing will be used to expand Cocoon AI's GPU deployment, for working capital, and for general corporate purposes.
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