SonicStrategy Inc. announced a non-brokered private placement to raise up to $4.5 million by selling 22.5 million common shares at $0.20 each. Half of the proceeds will be in cash and the other half in digital assets, which will be valued based on a fixed reference price or a 10-day average price. The funds will be used to expand the company's digital asset treasury, validator operations, and general working capital. The offering is subject to approval by the Canadian Securities Exchange and includes a hold period of four months and one day for the issued shares.
SonicStrategy's proposed private placement is context for market activity. For readers following US stocks, here is Pluang's market snapshot as of Sep 22, 2026 18:42 WIB: 99 of 150 priced US stocks rose, 46 fell. Grab Holdings Ltd. rose 6.53% to USD 3.10 with 78% buy orders, BlackBerry Limited rose 5.51% to USD 9.00 with 59% buy orders, and GameStop Corp. rose 4.79% to USD 23.85 with 78% sell orders.
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