Matador Applied sciences Inc. (TSXV: MATA, OTCQB: MATAF), a Bitcoin-focused tech firm, announced that it has closed the second tranche of its non-brokered non-public placement, elevating C$1,644,300 by means of the issuance of two,652,097 items at a value of $0.62 per unit, with the proceeds going in direction of investing of their Bitcoin reserve.
“Every Unit consists of 1 frequent share and one-half of 1 frequent share buy warrant,” said within the press launch. “Every Warrant entitles the holder to amass one extra frequent share of the Firm at a value of $0.77 for a interval 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 in the future after the deadline.
The securities from the second tranche are below 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, announced 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,” mentioned the CEO of Matador Applied sciences Inc. Deven Soni. “Their deep conviction within the Bitcoin ecosystem and world perspective on digital belongings align completely with Matador’s imaginative and prescient. This funding enhances our skill to speed up growth of Bitcoin-native monetary merchandise and scale our platform globally.”
In that tranche, Matador issued 2,419,354 items below the identical phrases. Every together with one frequent 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.
“That is greater than only a capital increase—it’s a sign that the world’s prime digital asset buyers see the identical future we do,” mentioned the Chief Visionary Officer of Matador Mark Moss.
“At Matador, we consider the subsequent wave of world monetary infrastructure shall be constructed on digital belongings,” commented Moss. “By aligning with HODL, we’re not simply increasing geographically—we’re increasing the attain of the digital belongings’ ecosystem right into a key innovation hub.”