HYLQ Announces Closing of Final Tranche of Private Placement
HYLQ Strategy Corp. (CSE: HYLQ) has successfully completed the final tranche of its non-brokered private placement, raising $2,993,968.50 through the issuance of 1,995,979 units at $1.50 per unit. Combined with the first tranche, the total offering reached $7,999,998 from 5,333,332 units.
Each unit consists of one common share and one warrant exercisable at $1.75 for 24 months, with an acceleration clause if shares trade above $3.50 for 90 consecutive days. The company paid $72,720 in commissions and issued 48,480 broker warrants. Proceeds will be used to purchase Hyperliquid tokens and invest in the Hyperliquid ecosystem.
The offering included insider participation of 408,653 units, qualifying as a related party transaction under MI 61-101.HYLQ Strategy Corp. (CSE: HYLQ) ha completato con successo la tranche finale della sua collocazione privata non assistita da broker, raccogliendo $2.993.968,50 mediante l’emissione di 1.995.979 unità a $1,50 per unità. Sommate alla prima tranche, l’offerta totale ha raggiunto $7.999.998 da 5.333.332 unità.
Ogni unità è composta da una azione ordinaria e da una warrant esercitabile a $1,75 per 24 mesi, con una clausola di accelerazione qualora le azioni negoziassero sopra $3,50 per 90 giorni consecutivi. La società ha pagato $72.720 di commissioni ed emesso 48.480 warrant per broker. I proventi saranno utilizzati per acquistare token Hyperliquid e investire nell’ecosistema Hyperliquid.
L’offerta ha incluso la partecipazione di insider per 408.653 unità, configurandosi come una transazione con parti correlate ai sensi del MI 61-101.
HYLQ Strategy Corp. (CSE: HYLQ) ha completado con éxito la tranche final de su colocación privada sin intermediarios, recaudando $2.993.968,50 mediante la emisión de 1.995.979 unidades a $1,50 por unidad. Sumada a la primera tranche, la oferta total alcanzó $7.999.998 por 5.333.332 unidades.
Cada unidad consta de una acción ordinaria y una warrant ejercitable a $1,75 durante 24 meses, con una cláusula de aceleración si las acciones cotizan por encima de $3,50 durante 90 días consecutivos. La compañía pagó $72.720 en comisiones y emitió 48.480 warrants para corredores. Los fondos se emplearán para comprar tokens Hyperliquid e invertir en el ecosistema Hyperliquid.
La oferta incluyó la participación de insiders con 408.653 unidades, considerándose una transacción con partes relacionadas según MI 61-101.
HYLQ Strategy Corp. (CSE: HYLQ)는 브로커를 통하지 않는 개인 배정의 최종 트랜치를 성공적으로 마무리하여, 단위당 $1.50로 1,995,979단위를 발행해 $2,993,968.50를 조달했습니다. 1차 트랜치와 합하면 총 공모금액은 5,333,332단위로 $7,999,998에 이릅니다.
각 단위는 보통주 1주와 행사 가격 $1.75인 워런트 1개로 구성되며, 24개월 유효하고 주가가 연속 90일간 $3.50를 초과하면 가속 조항이 적용됩니다. 회사는 $72,720의 수수료를 지급하고 48,480개의 브로커 워런트를 발행했습니다. 수익금은 Hyperliquid 토큰 매입 및 Hyperliquid 생태계 투자에 사용될 예정입니다.
이번 공모에는 내부자 참여로 408,653단위가 포함되어 MI 61-101에 따른 관련자 거래로 분류됩니다.
HYLQ Strategy Corp. (CSE: HYLQ) a réussi la clôture de la tranche finale de son placement privé sans courtier, levant 2 993 968,50 $ par l’émission de 1 995 979 unités à 1,50 $ l’unité. Avec la première tranche, l’offre totale atteint 7 999 998 $ pour 5 333 332 unités.
Chaque unité comprend une action ordinaire et un warrant exerçable à 1,75 $ pendant 24 mois, avec une clause d’accélération si le titre se négocie au-dessus de 3,50 $ pendant 90 jours consécutifs. La société a versé 72 720 $ de commissions et émis 48 480 warrants pour courtiers. Les produits seront utilisés pour acheter des tokens Hyperliquid et investir dans l’écosystème Hyperliquid.
L’offre comprenait la participation d’initiés à hauteur de 408 653 unités, constituant une opération entre parties liées au sens de la MI 61-101.
HYLQ Strategy Corp. (CSE: HYLQ) hat die letzte Tranche ihrer nicht über Broker vermittelten Privatplatzierung erfolgreich abgeschlossen und dabei $2.993.968,50 durch die Ausgabe von 1.995.979 Einheiten zu je $1,50 eingenommen. Zusammen mit der ersten Tranche belief sich das Gesamtangebot auf $7.999.998 aus 5.333.332 Einheiten.
Jede Einheit besteht aus einer Stammaktie und einem Warrants mit einem Ausübungspreis von $1,75, gültig für 24 Monate, mit einer Beschleunigungsklausel, falls die Aktie 90 Tage in Folge über $3,50 gehandelt wird. Das Unternehmen zahlte $72.720 an Provisionen und gab 48.480 Broker-Warrants aus. Die Erlöse werden zum Kauf von Hyperliquid-Token und zur Investition in das Hyperliquid-Ökosystem verwendet.
Das Angebot beinhaltete eine Insiderbeteiligung von 408.653 Einheiten und stellt damit nach MI 61-101 eine Transaktion mit verwandten Parteien dar.
- Successfully raised total proceeds of $7.99M through private placement
- Warrant exercise price of $1.75 represents 16.7% premium to unit price
- Strong insider participation with 408,653 units purchased
- Strategic investment in Hyperliquid ecosystem indicates expansion plans
- Dilution of existing shareholders through issuance of 5.33M new units
- Additional potential dilution from 5.38M warrants if exercised
- Relatively high commission costs of $72,720 plus broker warrants
Toronto, Ontario--(Newsfile Corp. - September 8, 2025) - HYLQ Strategy Corp. (CSE: HYLQ) (formerly, Tony G Co-Investment Holdings Ltd.) (the "Company" or "HYLQ Strategy") is pleased to announce that, further to its press releases of July 23, 2025, and August 18, 2025, the Company has closed the final tranche of its non-brokered private placement financing through the issuance of 1,995,979 units (the "Units") at a price of
Each Unit was comprised of one common share of the Company (each, a "Common Share") and one whole Common Share purchase warrant (each, a "Warrant") of the Company. Each Warrant entitling the holder thereof to purchase one Common Share at a price of
In connection with the closing of the Offering, the Company paid certain eligible persons a cash commission in the amount of
Gross proceeds raised from the Offering will be used to purchase $HYPE (Hyperliquid tokens) for HYLQ's treasury, investments in the Hyperliquid ecosystem and general working capital purposes. All securities issued in connection with the Offering will be subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation.
The Offering constituted a related party transaction within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ("MI 61-101") as insiders of the Company subscribed for an aggregate of 408,653 Units. The Company is relying on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(b) and 5.7(1)(a) of MI 61-101, as the Company is not listed on a specified market and the fair market value of the participation in the Offering by insiders does not exceed
This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons as defined under applicable United States securities laws unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
For more information, please contact:
Matt Zahab
Chief Executive Officer
Tel: (647) 365-2867
Email: contact@hylq.com
This news release contains certain "forward-looking information" within the meaning of applicable securities laws. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "would", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company's Management's Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/265404
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