AlphaTON withdraws from the U.S. SEC's "small securities offering rules" and files a securities offering statement exceeding $420 million.

Techub News reports that TON treasury company AlphaTON Capital, listed on the U.S. stock market, has announced its withdrawal from the U.S. SEC's "small securities offering rules" and filed a securities offering statement for $420.69 million. AlphaTON Capital plans to use this securities offering statement to fund its artificial intelligence and high-performance computing (HPC) infrastructure expansion project, aimed at supporting Telegram's Cocoon artificial intelligence network. Meanwhile, AlphaTON Capital will also seek strategic mergers and acquisitions of profitable companies within the Telegram ecosystem.