SharpLink has reiterated that it is in full compliance with Nasdaq rules and clarified that an at-the-market (ATM) plan to acquire ETH would not require additional shareholder approval. The company described the ATM as a capital-raising vehicle intended to optimize treasury allocations while preserving shareholder value, aligning execution with established corporate finance protocols.
In response to recent press coverage concerning other digital-asset treasury firms issuing new equity subject to shareholder votes, SharpLink stated such frameworks are not applicable to its program. Management confirmed the firm’s fundraising strategy remains unchanged and will only be implemented under terms that meet regulatory and governance thresholds.
SharpLink reaffirmed its commitment to strict adherence to Nasdaq compliance standards and industry best practices, emphasizing transparent disclosures and governance safeguards to ensure any transactions are executed in the shareholders’ best interests.