Overview

• The company will keep its Canadian Securities Exchange listing as HODL, exit the OTCQB, and convert existing OTC shareholders automatically to the Nasdaq line.
• The planned start of trading remains subject to U.S. regulatory clearance, including the SEC’s effectiveness of the company’s Form 40-F registration.
• CEO Leah Wald said the listing is intended to enhance liquidity and deepen access to capital markets to scale validator partnerships and staking operations.
• SOL Strategies reports about 435,064 SOL in its treasury as of Aug. 31, with company-run validators supporting more than 3 million staked SOL.
• The approval is billed as a first for a Solana-focused treasury company on Nasdaq, and HODL shares rose nearly 20% in Toronto after the announcement.