SharpLink confirms compliance with NASDAQ rules and implements ATM plan to purchase ETH without additional shareholder approval
Source: ForesightNews
Time: 2025-09-06 10:05:11
ETH treasury company SharpLink tweeted that it confirmed that the company is fully compliant with the Nasdaq rules and that no additional shareholder approval is required to purchase ETH if the ATM plan is implemented. The company's strategy remains the same and will only raise funds if it has a value-added effect on shareholders. Recent media reports that some digital asset Treasury (DAT) companies may require shareholder approval to issue new shares to buy cryptocurrencies, and these reports may target newer DAT companies, some of which may not meet existing NASDAQ requirements and face stricter scrutiny. SharpLink stressed that this situation does not apply to its companies.