Hyperliquid Strategies Expands Equity Purchase Agreement to $2.5 Billion

Hyperliquid Strategies, the native treasury company for Hyperliquid, announced an expansion of its equity purchase agreement with Chardan Capital Markets from $1 billion to $2.5 billion. Following the sale of the initial $1 billion, any further stock sales priced below $12.02 will be subject to the 19.99% Nasdaq exchange cap, unless shareholder approval is obtained.