AlphaTON Capital Corp (NASDAQ:ATON), the world's leading technology public company scaling the Telegram super app, with an addressable market of 1 billion monthly active users, today announced that it has exited the SEC's "baby shelf rules," which prohibit companies with a public float of less than $75 million from issuing securities under a shelf registration statement in excess of one-third of such company's public float in a 12-month period, and filed a $420.69 million shelf registration statement. AlphaTON Capital currently intends to utilize the shelf registration statement to finance the company's ambitious expansion of AI and high-performance computing (HPC) infrastructure supporting Telegram's Cocoon AI network, while simultaneously pursuing strategic mergers and acquisitions of revenue-producing companies within the Telegram ecosystem.
Once effective, the shelf registration statement will provide AlphaTON Capital with significant financing flexibility to execute on its dual-pronged growth strategy: expanding its position as a critical infrastructure provider for decentralized AI computing and building a portfolio of cash-flow positive businesses operating within Telegram's rapidly growing user base of over 1 billion monthly active users.