SOL Global Investments Corp C.SOL

Alternate Symbol(s): SOLCF

Healthcare Biotechnology

SOL Global Investments Corp. is a Canada-based diversified international investment and private equity holding company, which is engaged in investing in small and mid-cap sectors. SOL Global provides growth capital to small and mid-sized businesses. The Company’s investments range from minority positions to strategic holdings with active advisory mandates with an objective of providing shareholders with a long-term return through capital appreciation, dividends, and interest from its investments. The Company’s business segments include Retail (QSR & Hospitality), Agriculture (including Cannabis), Technology (with a focus on Clean-Tech and Electric Vehicles), Esports and Gaming, and New Age Wellness.

CSE:SOL - Post by User

SOL Global Investments Corp > sol so undervalued

<< Previous

Bullboard Posts

Next >>

Post by Nicolion Jun 12, 2024 9:30am

34 Views

Post# 36084466

sol so undervalued

Core Scientific position alone worth almost 20 Million. SOL at this price is showing 4 million market cap. Crazy good buy here. Me bidding. Someone please sell me some stock.

Core Scientific, Inc. ("Core Scientific"), the Texas-based bitcoin mining firm, announced on January 23, 2024, that it had successfully completed its Chapter 11 reorganization, materializing with a strengthened balance sheet. The listing of its common stock, tranche 1 warrants and tranche 2 warrants on the NASDAQ under the symbols CORZ, CORZW, and CORZZ, respectively, occurred on January 24, 2024. Core Scientific has made significant progress throughout its emergence including paying off its DIP financing, finalizing an oversubscribed $55 million Equity Rights Offering. On March 12, 2024, Core Scientific announced, in its fiscal year 2023 results, that it owned and managed 724 megawatts of infrastructure, the largest owned infrastructure footprint among publicly listed miners in North America. A total of 19,274 bitcoin were earned in its data centers; 13,762 bitcoin by self-mining for its account, more than any other publicly listed miner in North America, and an estimated 5,512 for its hosting clients' accounts. SOL Global invested US$11.3 million in senior secured convertible notes in September 2022. Under the terms of the restructuring plan, SOL received convertible notes and stock equal to approximately $1.203 of value for every $1 par face amount of principal. Approximately 46% of recovered securities were received in the form of new secured convertible notes, and 54% in new freely trading common shares. Visit www.corescientific.com.