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Matador Technologies Files Preliminary Base Shelf Prospectus for $900 Million
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Matador Technologies Files Preliminary Base Shelf Prospectus for $900 Million
Jul 14, 2025 7:37 AM

10:06 AM EDT, 07/14/2025 (MT Newswires) -- Matador Technologies ( MATAF ) on Monday said it filed a preliminary short form base shelf prospectus for up to $900 million with the securities commissions in all Canadian provinces except Quebec.

If approved by regulators, the shelf prospectus will allow the company to issue over a 25-month period up to $900 million of common shares, debt securities, warrants, subscription receipts and units.

"Filing the preliminary shelf prospectus is the next step in facilitating Matador's ability to raise capital as needed to support our long-term strategy," said Matador Technologies ( MATAF ) Chief Executive Deven Soni. "Our goal is to responsibly grow our Bitcoin treasury and increase Bitcoin per share over time, while continuing to build infrastructure aligned with the broader Bitcoin ecosystem."

The company's shares were last seen up 7.1% to $0.90 on the TSX Venture Exchange.

Price: 0.89, Change: +0.05, Percent Change: +5.95

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