Matador Technologies Inc. (TSXV: Mata, OTCQB: Mataf), a Bitcoin-oriented technology company, announced that it has closed the second tranche of his non-spicy Private placement, which C $ 1,644,300 collected by the issue of 2,652,097 units for a price of $ 0.62 per unit, where the proceeds are to invest in their bitcoin reserve.
“Each unit consists of one normal share and half of one ordinary stock purchase order,” said in the press release. “Each order has the holder the right to acquire one extra general share from the company for a price of $ 0.77 for a period of twelve months from the date of issue.”
The warrants are subject to acceleration if the shares of Matador on or more on $ 1.15 act for five consecutive trading days at any time after the date that is four months and one day after the closing date.
The effects of the second tranche are under a hold period that lasts until 5 October 2025. As part of the deal, the company also paid the costs of Finder of a total of $ 95,582 and published 152,165 broker Warrants on the same conditions.
This follows the first tranche of the offer, announced On May 30, 2025, including a CAD $ 1.5 million investment from Arrington Capital, a digital asset management company was co -founded by Michael Arrington.
“We are pleased to welcome Arrington Capital as a strategic investor,” said the CEO of Matador Technologies Inc. Deven Soni. “Their deep conviction in the Bitcoin ecosystem and the global perspective on digital assets are perfectly in line with the vision of Matador. This investment improves our ability to accelerate the development of Bitcoin-Native Financial Products and scale our platform worldwide.”
In that tranche, Matador has issued 2,419,354 units under the same conditions. Each including one common share and half a command, with full warrants executable for $ 0.77 for a year. Just like the second tranche, those Warrants are also subject to acceleration if the share price $ 1.15 reached for five consecutive trading days after the first four -month period.
“This is more than just a capital increase – it is a signal that the world’s best digital activa -leggers see the same future that we do,” said the Chief Visionary Officer of Matador Mark Moss.
“At Matador we believe that the next wave of global financial infrastructure will be built on digital assets,” commentary Moss. “By tuning for HODL, we are not only expanding geographically – we are expanding the reach of the ecosystem of the digital assets to an important innovation hub.”