- SOL Strategies Inc. (CSE: HODL, OTCQB: CYFRF) plans Nasdaq listing under ticker STKE.
- Company files Form 40-F with SEC, a crucial step towards Nasdaq listing.
- Shareholders to vote on share price consolidation at AGM on June 19, 2025.
SOL Strategies Inc. (CSE: HODL, OTCQB: CYFRF), a leader in providing infrastructure for the Solana blockchain ecosystem, has filed a Form 40-F Registration Statement with the United States Securities and Exchange Commission (SEC). This filing is part of the company's strategic initiative to list its common shares on the Nasdaq Stock Market under the ticker symbol STKE, while continuing to be listed on the Canadian Securities Exchange as HODL.
The company has scheduled its Annual General Meeting (AGM) for June 19, 2025, where shareholders will vote on a proposed share price consolidation. This consolidation is necessary to meet Nasdaq's minimum listing requirements, a move that may have implications for existing shareholders.
The Nasdaq listing application by SOL Strategies is contingent upon the SEC declaring the Form 40-F effective, Nasdaq's approval, and the fulfillment of all Nasdaq Capital Market listing standards and regulatory prerequisites. The company aims to use this Nasdaq listing to enhance its visibility and liquidity in the U.S. capital markets.
As a prominent player in the Solana ecosystem, SOL Strategies is focused on expanding its influence and supporting innovative blockchain applications. Investors are encouraged to stay informed through updates on the company's progress towards meeting the listing requirements.
