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HYLQ Strategy ( (TSE:HYLQ) ) has provided an announcement.
HYLQ Strategy Corp. has successfully closed the final tranche of its non-brokered private placement, raising a total of $7,999,998 through the issuance of 5,333,332 units. The proceeds will be used for purchasing Hyperliquid tokens, investing in the Hyperliquid ecosystem, and general working capital. The offering involved a related party transaction, with insiders subscribing for a portion of the units, and the company utilized exemptions to expedite the process. This move is expected to bolster HYLQ’s treasury and strengthen its position within the Hyperliquid market.
More about HYLQ Strategy
HYLQ Strategy Corp., formerly known as Tony G Co-Investment Holdings Ltd., operates in the financial sector, focusing on investment strategies and asset management. The company is listed on the Canadian Securities Exchange under the ticker HYLQ and is involved in investments within the Hyperliquid ecosystem.
YTD Price Performance: 63.64%
Average Trading Volume: 19,408
Technical Sentiment Signal: Buy
Current Market Cap: C$21.32M
For an in-depth examination of HYLQ stock, go to TipRanks’ Overview page.