Matador Technologies Inc. (TSXV: MATA, OTCQB: MATAF), a Bitcoin-focused tech firm, introduced that it has closed the second tranche of its non-brokered non-public placement, elevating C$1,644,300 by the issuance of two,652,097 items at a value of $0.62 per unit, with the proceeds going in the direction of investing of their Bitcoin reserve.
“Each Unit consists of one common share and one-half of one common share purchase warrant,” said within the press launch. “Each Warrant entitles the holder to acquire one additional common share of the Company at a price of $0.77 for a period of twelve months from the date of issuance.”
The warrants are topic to acceleration if Matador’s shares commerce at or above $1.15 for 5 consecutive buying and selling days at any time following the date which is 4 months and someday after the deadline.
The securities from the second tranche are underneath a maintain interval that lasts till October 5, 2025. As a part of the deal, the corporate additionally paid finder’s charges totaling $95,582 and issued 152,165 dealer warrants on the identical phrases.
This follows the primary tranche of the providing, introduced on Might 30, 2025, which included a CAD$1.5 million funding from Arrington Capital, a digital asset administration agency co-founded by Michael Arrington.
“We’re thrilled to welcome Arrington Capital as a strategic investor,” stated the CEO of Matador Technologies Inc. Deven Soni. “Their deep conviction in the Bitcoin ecosystem and global perspective on digital assets align perfectly with Matador’s vision. This investment enhances our ability to accelerate development of Bitcoin-native financial products and scale our platform globally.”
In that tranche, Matador issued 2,419,354 items underneath the identical phrases. Every together with one widespread share and one-half warrant, with full warrants exercisable at $0.77 for one yr. Just like the second tranche, these warrants are additionally topic to acceleration if the share value hits $1.15 for 5 consecutive buying and selling days following the preliminary four-month interval.
“This is more than just a capital raise—it’s a signal that the world’s top digital asset investors see the same future we do,” stated the Chief Visionary Officer of Matador Mark Moss.
“At Matador, we believe the next wave of global financial infrastructure will be built on digital assets,” commented Moss. “By aligning with HODL, we’re not just expanding geographically—we’re expanding the reach of the digital assets’ ecosystem into a key innovation hub.”
