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Solana Company Moves Forward with $500M PIPE Resale After Stock Plunges
CorporateCrypto

Solana Company Moves Forward with $500M PIPE Resale After Stock Plunges

•October 20, 2025
•Oct 20, 2025
0

Participants

Solana Company

Solana Company

company

Pantera Capital

Pantera Capital

investor

Deal Summary

Solana Company (HSDT), backed by Pantera Capital, has advanced share resale for investors in a $500M PIPE private placement originally sold in September at $6.881 per share. The move comes as HSDT's stock plunged roughly 60% below the PIPE price, prompting the company to allow earlier-than-scheduled sales.

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