Hyperliquid Strategies ups equity purchase facility with Chardan to $2.5 billion
PURR•Chardan facility expanded to $2.5 billion
- Hyperliquid Strategies amended its ChEF equity purchase agreement with Chardan, lifting the total commitment to $2.5 billion.
- Sales beyond $1 billion face a Nasdaq-style exchange cap for shares priced below $12.02.
- The cap is 42,641,847 shares, equal to 19.99% of shares outstanding before the amendment, absent stockholder approval.
