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Techub News reports that Nasdaq-listed TON treasury company AlphaTON Capital has announced it has reached a definitive agreement to acquire a 60% controlling stake in the gaming platform GAMEE for a transaction value of up to $11 million, which includes a two-year, performance-linked additional payment. GAMEE is a wholly-owned subsidiary of Animoca Brands, with a valuation of $18 million in this transaction. According to the terms of the acquisition agreement, AlphaTON Capital will take over the daily operational management of GAMEE and formally establish a strategic alliance with Animoca Brands, while prohibiting Animoca Brands from acquiring a controlling stake in AlphaTON Capital within two years.
Techub News, Nasdaq-listed TON treasury company AlphaTON Capital Corp announced the completion of a $15 million private placement. The offering sold a total of 15 million shares of common stock (or pre-funded warrants in lieu thereof) at a price of $1.00 per share, with H.C. Wainwright & Co. acting as the exclusive placement agent. The net proceeds from this financing round will be used to expand Cocoon AI's GPU deployment, for working capital, and for general corporate purposes.
Techub News, U.S.-listed company AlphaTON Capital Corp. (ATON) announced an additional purchase of 300,000 TON tokens on the open market on October 12, bringing its total holdings to 1.4 million. As no liquidation events have occurred and the majority of its TON assets remain unencumbered, AlphaTON Capital maintains a low asset-liability ratio of 0.07.
Techub News, Animoca Brands announced that it has signed equity and token investment agreements with Nasdaq-listed TON treasury company AlphaTON Capital. The agreements stipulate that AlphaTON Capital intends to acquire a controlling stake in GAMEE, a wholly-owned subsidiary of Animoca Brands. According to the terms of the letter of intent, AlphaTON Capital plans to acquire 51% of the equity in GAMEE, as well as 51% of the GAMEE (GMEE) and Watcoin (WAT) tokens from GAMEE's inventory. Upon completion of the proposed transaction, AlphaTON Capital plans to purchase up to $3 million worth of GMEE tokens and up to $1 million worth of WAT tokens on the open market to enhance its digital asset portfolio.
Techub News reported, according to The Block, Nasdaq-listed TON treasury company AlphaTON Capital has signed a $46 million computing infrastructure agreement to expand its Telegram-based decentralized AI network, Cocoon. The agreement will add 576 Nvidia B300 chips, with delivery expected in February. AlphaTON has invested $4 million in cash and supported the remaining funding through $32.7 million in non-recourse closed-end debt financing and an additional $9.3 million in equity financing (to be paid in installments until full deployment in March). Cocoon is a decentralized AI computing platform developed for Telegram and based on the TON blockchain. AlphaTON plans to deploy GPUs to it to explore new revenue streams.
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.
Techub News: US-listed company AlphaTON Capital (Ticker: ATON) announced the completion of approximately $71 million in financing, which includes $36.2 million in private placement and $35 million in loan agreements. The company has currently allocated the first $30 million for the acquisition of TON tokens. Additionally, the company plans to expand its TON holdings to $100 million by the fourth quarter of this year and will participate in the Telegram ecosystem development through network validation, staking, and other methods.
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