AlphaTON Capital Corp completes a $15 million direct common stock offering

AlphaTON Capital Corp (NASDAQ: ATON) announced the completion of its previously registered direct offering, raising a total of $15 million through the issuance of 15 million common shares (or pre-funded warrants) at a price of $1 per share. H.C. Wainwright & Co. served as the exclusive placement agent for the transaction.

After deducting related expenses, AlphaTON stated that the net proceeds will be used to expand GPU infrastructure for Cocoon AI, add working capital, and meet the company’s overall operational goals.

The offering was conducted under a “shelf” registration statement filed with the U.S. Securities and Exchange Commission (SEC) and became effective in December 2025. AlphaTON currently positions itself as a leading public technology company focused on expanding the Telegram and TON ecosystems, with a potential market of up to 1 billion active monthly users, while maintaining transparency and governance standards of a publicly listed company on Nasdaq.