In early 2026, Company underwent a strategic realignment focusing on digital assets alongside its legacy wound care business.
Private placement involved acquisition of 837,696,130 shares in exchange for $25,000,000 and SKY tokens.
Current strategy emphasizes long-term holding of SKY and potential capital appreciation.
Private Placement Details
$25,000,000 cash and SKY tokens exchanged for shares in the private placement.
Primary Strategy - SKY Acquisition
Company aims to strategically acquire and hold SKY as per Digital Asset Strategy Committee objectives.
Investment Strategy Flexibility
Potential evaluation of new digital assets meeting economic and risk criteria over time.
- Company's capital allocation now includes acquiring digital assets like SKY for revenue generation and risk management.
- SKY's economic characteristics rely on protocol-generated revenues and governance-approved mechanisms for shareholder benefits.
The shift towards digital assets reflects Company's forward-looking strategy in adapting to evolving market trends and opportunities.