Achievement October 16, 2025

Troutman Pepper Locke Advises SOL Strategies Inc. With Respect to C$30 Million Offering

BOSTON – Troutman Pepper Locke represented SOL Strategies Inc. (CSE: HODL; NASDAQ: STKE), one of the first publicly traded companies to combine a Solana treasury with a revenue-generating validator operating business, following its listing on the Nasdaq Market in the closing of its offering of 4,380,000 units of the company at a price of C$6.85 per unit for gross proceeds to the company of approximately C$30 million. For more information, see the press release.

The Troutman Pepper Locke team that advised Sol Strategies Inc. in the offering was led by Tom Rose, Shona Smith, Nicole Edmonds, and Jason Langford.

Consistently recognized as a top-tier practice, Troutman Pepper Locke’s corporate attorneys regularly handle strategic deals for clients ranging from industry leading, Fortune 100 corporations to emerging companies. Core areas of service include mergers and acquisitions, corporate finance, corporate governance, securities laws compliance, capital markets transactions, and other significant domestic and cross-border transactions, as well as general corporate counseling.

Troutman Pepper Locke

Troutman Pepper Locke helps clients solve complex legal challenges and achieve their business goals in an ever-changing global economy. With more than 1,600 attorneys in 30+ offices, the firm serves clients in all major industry sectors, with particular depth in energy, financial services, health care and life sciences, insurance and reinsurance, private equity, and real estate. Learn more at troutman.com.