#SOLStrategies Files for Nasdaq Listing Through SEC
Canadian firm Sol Strategies has submitted Form 40-F documents to the #SEC seeking a Nasdaq exchange listing.
The company would trade under ticker symbol STKE if approved for the $30.12 trillion #marketcap exchange.
Sol Strategies' #stock jumped 4.39% following the announcement but remains down 17% year-to-date.
The firm currently trades on the Canadian Securities Exchange under the ticker "HODL" with 762 total securities.
Sol Strategies holds over 420,000
$SOL tokens worth approximately $61.32 million as of June 2.
The company reported a $3.5 million net loss for the quarter ending March 31.
Sol Strategies filed a prospectus with Canadian regulators, potentially raising $1 billion for #Solana ecosystem investments.
Cantor Fitzgerald analysts said companies investing in
$SOL could benefit from increased financial industry adoption.
