Hyperliquid Strategies expands equity facility to $2.5B
#HyperliquidStrategies (PURR) expanded its committed equity facility with Chardan Capital Markets from $1B to $2.5B, according to a recent SEC filing. Under the expanded facility, Hyperliquid Strategies can sell newly issued common shares to Chardan, although a Nasdaq-related issuance limit will take effect once the first $1B in shares has been sold.
After that threshold is reached, sales below $12.02 per share will be capped at 42,641,847 shares, representing 19.99% of the shares outstanding before the amendment, unless shareholders approve additional issuances.
👉 theblock.co/news/business/2026-09-01-hyperliquid-strategies-expands-equity-facility-413304
#HyperliquidStrategies (PURR) expanded its committed equity facility with Chardan Capital Markets from $1B to $2.5B, according to a recent SEC filing. Under the expanded facility, Hyperliquid Strategies can sell newly issued common shares to Chardan, although a Nasdaq-related issuance limit will take effect once the first $1B in shares has been sold.
After that threshold is reached, sales below $12.02 per share will be capped at 42,641,847 shares, representing 19.99% of the shares outstanding before the amendment, unless shareholders approve additional issuances.
👉 theblock.co/news/business/2026-09-01-hyperliquid-strategies-expands-equity-facility-413304
