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Canton Strategic Holdings (NASDAQ: CNTN) rebrands and highlights $545M crypto strategy

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(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Canton Strategic Holdings, Inc., formerly Tharimmune, Inc., has completed a corporate rebrand to align with its digital asset treasury strategy focused on the Canton Network. The company changed its legal name and amended its charter and bylaws, and its NASDAQ ticker is moving from “THAR” to “CNTN” effective February 18, 2026.

The press release highlights that the company was established in November 2025 through a $545 million private placement and is pursuing value creation via Canton Coin acquisition, operating a Super Validator, and investing in applications that support institutional adoption of the Canton Network. Recent milestones include approval as a Super Validator, additions of institutional leaders such as former CFTC Commissioner Jill Sommers and DRW Chief of Staff William Wiley to the board, and closing a $55 million underwritten registered offering to fund further growth. The company also continues to operate clinical-stage biotech research and development alongside its digital asset activities.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported) February 18, 2026

 

Canton Strategic Holdings, Inc.

(Exact name of registrant as specified in its charter)

 

Delaware   001-41210   84-2642541

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(I. R. S. Employer

Identification No.)

 

34 Shrewsbury Avenue, Suite 1C

Red Bank, NJ 07701

(Address of principal executive offices, including zip code)

 

(732) 889-3111

(Registrant’s telephone number, including area code)

 

Tharimmune, Inc.

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common stock, $0.0001 par value   THAR   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

 

 

Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Years.

 

On February 18, 2026, Tharimmune, Inc. (the “Company”) changed its corporate name to “Canton Strategic Holdings, Inc.,” pursuant to an amended and restated certificate of incorporation filed with the Delaware Secretary of State on February 9, 2026 (the “Name Change”). Pursuant to Delaware law, a shareholder vote was not necessary to effectuate the Name Change and it does not affect the rights of the Company’s shareholders. The Company also amended and restated its bylaws on February 18, 2026 to reflect the Name Change and reflect the current size of the Board of Directors.

 

In connection with the Name Change, the Company changed its trading symbol on the Nasdaq Capital Market for the Common Stock, from “THAR” to “CNTN”. The trading symbol change is effective as of the open of trading on February 18, 2026 (the “Symbol Change”).

 

A copy of the Company’s Certificate of Incorporation is attached hereto as Exhibit 3.1 and a copy of the Amended and Restated Bylaws is attached hereto as Exhibit 3.2, and incorporated by reference.

 

Item 7.01 Regulation FD Disclosure.

 

The Company issued a press release on February 17, 2026 announcing the Name Change and Symbol Change, a copy of which is attached hereto as Exhibit 99.1 (the “Press Release”).

 

The information furnished pursuant to this Item 7.01, including Exhibit 99.1, will not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and will not be incorporated by reference into any filing under the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated therein by reference.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit No.   Description of Exhibit
3.1   Amended and Restated Certificate of Incorporation.
3.2   Amended and Restated Bylaws.
99.1   Press Release, dated February 17, 2026.
104   The cover page from this Current Report on Form 8-K, formatted in Inline XBRL.

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: February 18, 2026 Canton Strategic Holdings, Inc.
   
  /s/ Mark Wendland
  Mark Wendland
  Chief Executive Officer

 

-3-

 

Exhibit 99.1

 

CONFIDENTIAL DRAFT

 

Tharimmune, Inc. Announces Corporate Rebrand to Canton Strategic Holdings, Inc., Marking Milestone in Canton Network Digital Asset Treasury Strategy

 

New NASDAQ Ticker Symbol “CNTN” to Begin Trading February 18, 2026

 

Company Positioned to Support Institutional Adoption of First Privacy-Enabled Public Blockchain Processing $9 Trillion in Monthly Transaction Volume

 

NEW YORK, February 17, 2026 — Tharimmune, Inc. (NASDAQ: THAR) (the “Company”) the first publicly traded company to leverage Canton Coin to support the Canton Network’s ability to digitize traditional financial markets, today announced the launch of a corporate rebrand in alignment with its digital asset treasury strategy. Effective Wednesday, February 18, 2026, the Company will change its name to Canton Strategic Holdings, Inc. In connection with the name change, the common stock of the Company will begin trading on NASDAQ under the ticker symbol “CNTN” prior to market open on February 18, 2026.

 

Established in November 2025 through a $545 million private placement, the Company executes a differentiated digital asset treasury strategy that seeks to drive value through initiatives including Canton Coin acquisition, operation of a Super Validator, and continued investment in applications that accelerate institutional utility and adoption of the Canton Network across capital markets. Canton Strategic Holdings remains the first and only publicly traded company supported by the Canton Foundation.

 

“Since launching our digital asset treasury strategy, we have continued to execute against a clear mandate to support institutional adoption of the Canton Network,” said Mark Wendland, Chairman and CEO of the Company. “Our approval to operate a Super Validator on the Network, the expansion of institutional leadership on our Board of Directors, and our commitment to develop quarterly ecosystem reporting demonstrates our ability to strengthen the Canton ecosystem while delivering sustained value for shareholders.”

 

Significant recent milestones for the Company include:

 

Securing approval as a Super Validator, aligned with a commitment to provide ecosystem reports on a quarterly basis.
Deepening institutional expertise on the Board of Directors, including recent appointments of Former CFTC Commissioner Jill Sommers and DRW Chief of Staff William Wiley.
Closing of a $55 million underwritten registered offering to provide the Company with additional growth capital for the continued expansion and development of its Canton-centric digital asset treasury strategy.

 

“From DTCC securing SEC consent for a pilot to tokenize U.S. Treasury securities, to global enterprises implementing onchain payroll, the utility of the Canton Network and its configurable privacy has quickly become the foundation for onchain financial rails,” continued Mr. Wendland. “We are well-positioned to accelerate this modernization through our support of the Canton Network and strategic work to strengthen the ecosystem while driving value for shareholders.”

 

No action is required from stockholders in connection with the change of the Company’s corporate name or ticker symbol.

 

1

 

 

About the Company

 

The Company (NASDAQ: THAR), is the first publicly traded company to leverage Canton Coin and support the Canton Network to advance institutional blockchain adoption and the digitization of financial markets. In addition to driving value through activities on the Canton Network, the Company also operates clinical-stage biotech research and development. For more information, visit: www.cantonstrategic.com

 

Cautionary Note Regarding Forward-Looking Statements

 

This press release contains statements that constitute “forward-looking statements” within the meaning of U.S. federal securities laws. Forward-looking statements are statements other than historical facts and include, without limitation, those regarding management expectations, strategy execution, market conditions, and the Company’s involvement with the Canton Network. These statements are based on current expectations and involve risks and uncertainties that may cause actual results to differ materially. Further information regarding factors that may affect the Company’s prospects is included in its annual and quarterly reports filed with the U.S. Securities and Exchange Commission, available at www.sec.gov. The Company undertakes no obligation to update these statements except as required by law.

 

Canton is a registered trademark of Digital Asset (Switzerland) GmbH. Digital Asset is not affiliated with, and has not sponsored or endorsed, the operations of Canton Strategic Holdings, Inc.

 

Contacts

 

Media:

Gasthalter & Co.

(212) 257-4170

canton@gasthalter.com

 

Investors:

ir@cantonstrategic.com

 

X: @CantonStrategic

LinkedIn: [linkedin.com/cantonstrategicholdings]

Website: www.cantonstrategic.com

 

# # #

 

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FAQ

What change did Tharimmune, Inc. (THAR) announce in this 8-K filing?

The company changed its corporate name to Canton Strategic Holdings, Inc. and updated its charter and bylaws accordingly. This rebrand aligns the business with its digital asset treasury strategy centered on the Canton Network and institutional blockchain adoption.

What is the new NASDAQ ticker symbol for Canton Strategic Holdings, Inc.?

The company’s common stock will trade under the new ticker symbol CNTN on NASDAQ, effective prior to market open on February 18, 2026. The previous symbol was THAR, reflecting its former name, Tharimmune, Inc.

How is Canton Strategic Holdings, Inc. financing its Canton Network strategy?

The strategy was established through a $545 million private placement completed in November 2025. The company also closed a $55 million underwritten registered offering, providing additional growth capital to expand its Canton-centric digital asset treasury initiatives.

What role does Canton Strategic Holdings, Inc. play in the Canton Network ecosystem?

The company is described as the first publicly traded firm to leverage Canton Coin and support the Canton Network. Its activities include acquiring Canton Coin, operating a Super Validator, and investing in applications that promote institutional use of the network.

Does Canton Strategic Holdings, Inc. still operate a biotech business?

Yes. In addition to its digital asset treasury activities on the Canton Network, the company states it continues to operate clinical-stage biotech research and development. This suggests a dual-focus model spanning blockchain-based financial infrastructure and biotech R&D.

Were there any recent governance or leadership changes at Canton Strategic Holdings, Inc.?

The company reports deepening institutional expertise on its board, including appointing former CFTC Commissioner Jill Sommers and DRW Chief of Staff William Wiley. These additions support its focus on institutional adoption of the Canton Network and related financial market initiatives.

Filing Exhibits & Attachments

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Tharimmune Inc

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