[Sonic Labs Extends Bond Term with SonicStrategy, Advancing Nasdaq Listing Path] Sonic Labs has released an update stating that it has invested in SonicStrategy through convertible bonds, representing 126 million S tokens, with an initial valuation of $40 million. The aim is to support validator operations and ecosystem growth. If the Nasdaq listing is not achieved, the tokens will be returned and destroyed. Due to market cooling, the bond term has been extended by three years. SonicStrategy has raised $9 million and has never sold any S tokens. This model is intended to bridge traditional capital markets with on-chain participation, drawing on precedents like SOL Strategies to create a compliant and sustainable market access pathway.