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The latest update is out from HYLQ Strategy ( (TSE:HYLQ) ).
HYLQ Strategy Corp. has announced a non-brokered private placement financing to raise up to $8 million by issuing 5,333,333 units at $1.50 per unit. The proceeds will be used to purchase Hyperliquid tokens, invest in the Hyperliquid ecosystem, and for general working capital. This move could enhance HYLQ’s financial flexibility and strengthen its position in the investment market, pending necessary regulatory approvals.
More about HYLQ Strategy
HYLQ Strategy Corp., formerly known as Tony G Co-Investment Holdings Ltd., operates in the financial sector, focusing on investment strategies. The company is listed on the Canadian Securities Exchange under the ticker HYLQ.
Average Trading Volume: 24,437
Technical Sentiment Signal: Buy
Current Market Cap: C$15.87M
Learn more about HYLQ stock on TipRanks’ Stock Analysis page.