The listed company Mobcast HD plans to raise 1.4 billion yen to launch the Solana treasury

ChainCatcher news, according to CoinDesk, Tokyo Stock Exchange's startup-listed company Mobcast HD announced on October 3 that it will launch the "Solana Financial Strategy" business. The company also resolved to issue new stock subscription rights and unsecured ordinary bonds, planning to raise approximately 1.4 billion yen, with the funds to be subscribed by EVO FUND and the company's CEO, Takashi Yabu.

The company stated that this move aims to strategically strengthen its financial foundation, maximize shareholder value, and meet listing maintenance standards. As of the second quarter of 2025, the company expects revenue of 1.4 billion yen, an operating loss of 160 million yen, and a total market capitalization of approximately 2.7 billion yen.