Helius (HSDT), a SOL treasury company that raises $500 million, rose 270% before the market, with a market value of only $8.14 million
Source: Odaily
Time: 2025-09-15 20:23:07
Odaily Planet Daily News MyStonks market data shows that Helius (HSDT), a US-listed company that just announced its transformation to SOL treasury, rose 270% before the market. It is worth noting that the company closed at just $7.56 on the previous trading day, with a market value of just $8.14 million. Previously, Helius Medical Technologies (NASDAQ: HSDT) announced a major strategic transformation, transforming into SOL treasury through over $500 million in private equity investment. The PIPE (private equity investment), led by Pantera Capital and Summer Capital, has been oversubscribed, including the sale of common stock at $6.881 per share and warrants attached to $10.134 per share, which is expected to raise a total of more than $1.25 billion if the warrants are fully exercising.