Company updates on validator operations, accompanying data center selection, its planned M&A strategy, as well as its $300M PIPE Securities Purchase Agreement



Registration statement relating to PIPE investor shares will now be filed by November 22, 2025

Solmate Infrastructure ("Solmate Infrastructure" or the "Company") (NASDAQ:SLMT) today shared a business and operational update, regarding its validator operations & accompanying data center selection, its planned M&A strategy, and the Registration Rights Agreement ("RRA") for its oversubscribed $300M PIPE financing. This update reiterates Solmate Infrastructure's commitment to its role as a critical part of the UAE's digital transformation agenda.

Planned M&A Strategy



Alongside its day-to-day operations and organic build-out, Solmate Infrastructure today announces that it will pursue an aggressive M&A strategy, exploring opportunities across the Solana value chain. Acquisition targets will be selected with rigorous criteria designed to ensure synergy and supercharge SOL-per-share growth.

"We aren't interested in simply bolting on smaller companies to generate revenue," said Marco Santori, CEO of Solmate Infrastructure. "We are targeting businesses for which our SOL treasury will be fuel for their engine of growth – just like it is for ours – and will use that growth to accrete more SOL-per-share for Solmate investors."

Amended Registration Rights Agreement



Solmate Infrastructure has successfully negotiated an amendment to its registration rights agreement with the US and UAE-based participants of its $300M PIPE financing. A registration statement relating to the PIPE Investor shares is now expected to be filed with the SEC by November 22, 2025.

This extension will ensure that the Company has maximum flexibility in its completion and announcement of new infrastructure, while strengthening the conditions for long-term shareholder value creation.