AlphaTON exits, Baby Shelf rules, submits $420 million registration to promote AI and TON investment

According to GlobeNewswire, AlphaTON Capital announced that it has exited the SEC "Baby Shelf" financing restrictions and submitted a $420.69 million shelf registration statement, which is planned to be used for expanding the GPU computing infrastructure supporting the Telegram Cocoon AI network and acquiring revenue-generating companies within the Telegram ecosystem.

The company will also continue to increase its holdings of Toncoin and related digital assets, and strengthen its TON ecosystem layout through strategic mergers and acquisitions and infrastructure deployment. Baby Shelf rules: The SEC imposes financing restrictions on companies with a market capitalization of less than $75 million, limiting their ability to raise funds through simplified methods within a year. Shelf registration: A type of pre-registration document submitted to the SEC by a public company, facilitating flexible multiple financings in the future without the need for separate approvals each time.