Solana ups at-the-market stock offering to $250 million under amended sales agreement

Solana Company Class A

HSDT

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Solana entered an amended at-the-market equity distribution agreement with Clear Street, Maxim as co-sales agents.
Maximum aggregate gross sales capacity increased to USD 250 million from USD 92.8 million, excluding shares sold under the prior prospectus.
USD 24.66 million of shares had been sold under the prior program; no further sales will be made under that prior agreement.
Agents can earn commissions up to 3% of gross proceeds; Solana will reimburse up to USD 75,000 of related legal expenses.

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