SOL Strategies Files SEC Form 40-F to List on Nasdaq
SOL Strategies, a Toronto-based digital asset firm focused on Solana, has filed with the U.S. Securities and Exchange Commission (SEC) to list on Nasdaq under the ticker STKE. This filing is made through a 40-F form, required for Canadian companies wishing to offer securities in the U.S.
Key points:
- Approval from the SEC would allow SOL Strategies access to Nasdaq.
- SOL Strategies shares rose over 4% to CAD $2.38 on Wednesday.
- In May, the company acquired 122,524 SOL for $18.25 million.
- Analysts note that investment in Solana may benefit from its increasing use in the financial sector.