AlphaTON Capital completes $15 million registered direct offering

AlphaTON Capital Corp (NASDAQ: ATON) entered into a definitive agreement for a registered direct offering of 15 million ordinary shares at $1.00 per share, raising $15 million in gross proceeds. The offering is expected to close on January 14, 2026, subject to customary closing conditions.

H.C. Wainwright & Co. serves as the exclusive placement agent for the transaction. The company plans to use net proceeds for scaling GPU deployments for Cocoon AI, working capital and general corporate purposes.

The securities are being offered under a shelf registration statement filed with the Securities and Exchange Commission on December 3, 2025, which was declared effective on December 11, 2025. The offering includes the option for pre-funded warrants in lieu of ordinary shares at the same $1.00 price.

AlphaTON describes itself as a technology company focused on the Telegram ecosystem and TON blockchain platform. The company operates through network validation, staking operations, development of Telegram-based applications, and strategic investments in TON-based protocols.

The company maintains operations spanning decentralized finance protocols, gaming platforms, and business applications within the TON ecosystem. AlphaTON is incorporated in the British Virgin Islands and trades on NASDAQ under the ticker symbol ATON.

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