TownSquare Sonar public offering oversubscribed, pre-market price exceeds public offering price by 25%

Odaily reports that the TownSquare Sonar public offering has been oversubscribed, and the pre-market price has exceeded the public offering price by 25%. As of press time, the TownSquare public offering on Sonar has surpassed 91 million USD, representing an oversubscription of approximately 10%.

Meanwhile, the pre-TGE pre-market valuation of TOWN token assets on Aspecta remains above 250 million USD.

As one of the few Sonar public offering projects listed on the polymarket prediction market, the probability of the public offering exceeding 1 million USD is currently 99%, the probability of exceeding 1.25 million USD is 73%, and the probability of exceeding 1.5 million USD is 52%.