[TownSquare Sonar Public Offering Exceeds Target by 186%, Pre-Market Trading Activity Continues to Rise] According to Deep Tide TechFlow, on July 27, official sources reported that the Sonar public offering by TownSquare, valued at $200 million, was completed at 9 PM Singapore time on Sunday. The public offering concluded with an oversubscription rate of 200%, marking the highest oversubscription performance for a Sonar public offering this year outside of MegaETH. Due to the oversubscription, settlements will be conducted in order of small to large amounts and based on proportional rules. Meanwhile, the TOWN token has seen a continuous rise in trading activity in the Aspecta pre-TGE pre-market. After the hedging wave among public offering participants subsided, trading activity began to recover. The current market capitalization is approximately $230 million, with total trading activity ranking second in the market.