- On **September 25, 2025**, AlphaTON Capital Corp successfully closed financings totaling **approximately $71.2 million**.  **[1095435_0001171843-25-006071_exh_991.htm:0]** 
- This financing comprised a private placement of **approximately 6.32 million ordinary shares** at **$5.73 per share**, generating **$36.2 million**, and a **$35 million loan facility** with BitGo Prime, LLC.  **[1095435_0001171843-25-006071_exh_991.htm:0]** 
- The company utilized these funds to acquire its first significant treasury tranche of **approximately $30 million of TON** tokens, positioning AlphaTON Capital as a major global holder of TON.  **[1095435_0001171843-25-006071_exh_991.htm:0]** 
- AlphaTON Capital aims to increase its TON treasury to **$100 million** by **Q4 2025**, supporting its strategy for network validation, staking operations, and ecosystem development.  **[1095435_0001171843-25-006071_exh_991.htm:2]**

AlphaTON Capital Corp Closes $71 Million Financing and Completes Initial TON Token Acquisition

- AlphaTON Capital Corp (ATON) is proceeding with a financing transaction to launch a **TON digital asset treasury strategy** for the Telegram ecosystem, with an expected closing during the **week of September 22, 2025**, and anticipated gross proceeds of approximately **$36.2 million**.  **[1095435_0001171843-25-006033_f6k_092225.htm:0]** **[1095435_0001171843-25-006033_f6k_092225.htm:1]** 
- The company has appointed **DWF MaaS Limited** to manage its TON treasury, with an initial **$20 million** to be funded, followed by an additional **$55 million** within three months.  **[1095435_0001171843-25-006033_f6k_092225.htm:0]**  DWF will retain **100% of profits** until the managed balance reaches **$150 million**, then **90%** thereafter, and will receive equity for up to **160,000 ordinary shares**.  **[1095435_0001171843-25-006033_f6k_092225.htm:0]** **[1095435_0001171843-25-006033_exh_101.htm:3]** 
- AlphaTON has also entered into a Master Loan Agreement with **BitGo Prime, LLC**, allowing it to draw up to **$35 million** at an interest rate of **14.75% per annum**, collateralized by **200% of the drawn portion** in TON tokens.  **[1095435_0001171843-25-006033_f6k_092225.htm:1]**

AlphaTON Capital (ATON)