According to Mars Finance, Nasdaq-listed Solana treasury company Artelo Biosciences announced a private placement of 3,188,407 common shares at $3.45 per share, raising a total of $11 million. The new funds will be used for general corporate purposes and to repay some of the bridging debt. According to the latest data from Strategic Solana Reserve, Artelo currently holds 45,883 SOL tokens.
Solana-based financial arm Artelo Biosciences completes $11 million private funding round.
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