Welcome to our dedicated page for Sol Global Investments news (Ticker: SOLCF), a resource for investors and traders seeking the latest updates and insights on Sol Global Investments stock.
SOL Global Investments Corp. (OTC: SOLCF) provides institutional-grade exposure to blockchain innovation through strategic digital asset investments and Solana ecosystem development. This news hub offers investors centralized access to official announcements, financial updates, and operational milestones.
Key resources include earnings reports, venture capital activity in SOL Global Ventures Inc., token acquisition strategies, and blockchain infrastructure developments. The company’s focus on staking rewards and liability management through recent restructuring forms a recurring theme across communications.
Bookmark this page for timely updates on Solana network integrations, partnership announcements, and portfolio company progress. All content is sourced from verified corporate disclosures to maintain compliance and accuracy standards expected by institutional investors.
SOL Global Investments Corp. (CSE: SOL) (OTC Pink: SOLCF) reported unaudited financial results for Q2 2024, ending May 31. The company recorded a net loss of $4.5 million for the six-month period, an improvement from the $12.2 million loss in the same period last year. The total loss from investments was $20.7 million, compared to $9.4 million in the previous year. The unaudited Net Asset Value (NAV) per share decreased to $0.06 from $0.89 year-over-year.
SOL Global provided updates on its portfolio companies, including Damon Motors, Kiwibot, Navier, Core Scientific, Zapata AI, Build a Rocket Boy, Jones Soda, and Simply Better Brands. The company also reported progress on its real estate project in Wynwood, Miami. As of June 30, 2024, SOL Global had reduced its debenture balance to $18,896,029, repaying $1,714,851 in the current fiscal year.
SOL Global Investments Corp. provided unaudited financial results for Q1 2024, reporting a net loss decrease of $9.3 million, total unrealized gains, and realized losses. The NAV per share was $0.11. Portfolio highlights include Damon Motors Inc.'s strategic merger, Tevva Motors 's PITrG eligibility, Kiwi Campus Inc.'s expansion, Navier's partnerships, Core Scientific's reorganization, Andretti Acquisition Corp.'s merger with Zapata AI, Build a Rocket Boy's funding raise, Jones Soda Co.'s market share growth, Simply Better Brands Corp.'s sales growth, and House of Lithium's support for electric mobility. Additionally, a prestigious residential project is underway in Wynwood.
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