[Solana Treasury Company Solmate Raises $11.4 Million Through Private Placement of Common Stock] According to Deep Tide TechFlow on May 21, as reported by Businesswire, the Nasdaq-listed Solana Treasury Company, Solmate Infrastructure, announced the issuance of a total of 2,298,000 Class B common shares through a registered private placement. The offering price is $4.97 per share, with an expected total fundraising amount of approximately $11.4 million. The transaction is expected to close around May 27, 2026, subject to customary closing conditions.