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AlphaTON Capital Ends At-The-Market Share Offering Agreement With Chardan

Story Highlights
  • AlphaTON Capital launched a $15.3 million at-the-market share offering on November 25, 2025.
  • The company terminated its at-the-market agreement with Chardan effective December 24, 2025, halting that equity-raising channel.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
AlphaTON Capital Ends At-The-Market Share Offering Agreement With Chardan

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An announcement from AlphaTON Capital ( (ATON) ) is now available.

On November 25, 2025, AlphaTON Capital Corp. filed a prospectus supplement with the U.S. Securities and Exchange Commission to offer and sell up to approximately $15.3 million of its ordinary shares under an at-the-market (ATM) offering agreement with Chardan Capital Markets LLC. However, that ATM Agreement, originally dated July 31, 2025, was subsequently terminated effective immediately on December 24, 2025, signaling a halt to this specific equity-raising program and potentially indicating a shift in AlphaTON Capital’s funding strategy or market approach going into 2026.

The most recent analyst rating on (ATON) stock is a Sell with a $0.58 price target. To see the full list of analyst forecasts on AlphaTON Capital stock, see the ATON Stock Forecast page.

Spark’s Take on ATON Stock

According to Spark, TipRanks’ AI Analyst, ATON is a Underperform.

ATON scores low primarily due to weak financial performance (zero reported revenue, persistent losses, ongoing cash burn, and equity turning negative). Technical indicators also remain bearish with price far below key moving averages and negative MACD, while valuation is difficult to support given losses and no dividend data.

To see Spark’s full report on ATON stock, click here.

More about AlphaTON Capital

AlphaTON Capital Corp., formerly known as Portage Biotech, Inc., is a foreign private issuer incorporated in the British Virgin Islands and listed in the United States, with its securities registered under the Securities Exchange Act of 1934. The company files annual reports on Form 20-F and maintains active shelf and employee-related registration statements to facilitate capital markets activity, including prior use of at-the-market equity offerings to raise funds through the sale of ordinary shares.

Average Trading Volume: 1,110,241

Technical Sentiment Signal: Sell

Current Market Cap: $7.93M

Find detailed analytics on ATON stock on TipRanks’ Stock Analysis page.

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