In early 2026, Company realigned its business focus to include acquiring digital assets within open digital financial networks.
The private placement of pre-funded warrants in January 2026 allowed Company to acquire a significant amount of SKY tokens and stablecoins, marking a key milestone in their new strategy.
The company's strategic approach involves long-term holding of digital assets like SKY and exploring opportunities for liquidity and financing referencing these assets.
The strategic realignment indicates a shift towards embracing digital assets, particularly SKY tokens, alongside Company's core wound care business.
Strategic Realignment
Company strategically expanded its focus to include acquiring digital assets, specifically SKY tokens, alongside its traditional wound care business, signaling a strategic pivot towards digital finance networks.
Private Placement Outcome
Through a private placement, Company acquired 837,696,130 shares of Common Stock, exchanging cash and $109,031,380.86 million in SKY tokens and stablecoins, demonstrating a substantial commitment to digital assets.
Primary Objective - SKY Acquisition
The primary focus on acquiring SKY tokens, the protocol token of the decentralized Sky network, with a holding of 943,599,688.812 SKY tokens as of the filing date, showcases a deliberate move towards blockchain-based assets.
Investment Strategy
Company's investment strategy emphasizes long-term holding of digital assets like SKY for potential corporate monetization, underpinned by a robust framework addressing associated risks and opportunities.
Future Digital Asset Evaluation
Evaluation of additional digital assets aligning with economic and risk considerations is underway, with any changes to the investment strategy mandating approval from committees and investors, ensuring strategic alignment.
- The adoption of a capital allocation strategy focused on digital assets signifies Company's strategic shift towards active participation in open digital financial networks, indicating a proactive approach to leveraging emerging financial technologies.
- The emphasis on SKY tokens and the decentralized Sky network underscores Company's forward-thinking stance in exploring blockchain-based financial services and decentralized protocols.
Company's venture into digital assets, specifically SKY tokens, reflects a strategic embrace of emerging financial technologies. This shift positions Company to leverage the potential of decentralized blockchain networks and underscores a proactive approach towards digital finance transformations.