What was the price per share in the debt settlement that granted Antanas Guoga STKE shares?

The debt settlement used a deemed issuance price of CAD$2.41 per Common Share. According to the company, 2,300,726 shares were issued to settle the specified debt and termination agreement dated December 31, 2025.

Antanas Guoga Announces Filing of Early Warning Report Related to Sol Strategies Inc.

Rhea-AI Impact

(High)

Rhea-AI Sentiment

(Neutral)

Rhea-AI Summary

Antanas Guoga filed an early warning report dated March 27, 2026, disclosing a debt-settlement acquisition of 2,300,726 common shares of Sol Strategies (STKE) at a deemed issuance price of CAD$2.41 per share and subsequent market disposals.

Prior to the debt settlement Mr. Guoga held 3,844,634 shares (≈11.89%). After the settlement he held 6,145,360 shares (≈18.85%), and following disposals of 725,581 shares between March 5–27, 2026 he now holds 5,419,778 shares (≈16.31%). Mr. Guoga said he will continue to review his investment and may increase, decrease or hedge his position.

Positive

Acquired 2,300,726 shares via debt settlement
Deemed issuance price set at CAD$2.41 per share
Beneficial ownership increased to approximately 18.85% post-settlement

Negative

Follow-up disposals reduced stake to approximately 16.31%
Issuance in debt settlement dilutes existing shareholders' percentage

News Market Reaction – STKE

-10.48%

3 alerts

-10.48% Session close to close

-12.5% Trough Tracked

$34.81M Market Cap

0.3x Rel. Volume

In the Mar 30 session, STKE declined 10.48%, reflecting a significant negative market reaction. Argus tracked a trough of -12.5% from its starting point during tracking. Our momentum scanner triggered 3 alerts that day, indicating moderate trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock dropped -10.5% in the session following this news. A negative reaction despite this largel...

Analysis

The stock dropped -10.5% in the session following this news. A negative reaction despite this largely disclosure-focused announcement could fit a pattern where the stock has previously traded lower on governance and strategic updates, even when operational news was positive. The early warning report described shifts to a 16.31% ownership stake, which some investors might interpret cautiously when set against a price already 92.3% below its 52-week high. Subsequent filings and board decisions would remain important context for sentiment.

Key Figures

Shares acquired: 2,300,726 common shares Deemed issue price: CAD$2.41 per share Shares disposed: 725,581 common shares +5 more

8 metrics

Shares acquired 2,300,726 common shares Issued at a deemed price under Debt Settlement

Deemed issue price CAD$2.41 per share Price for shares issued in Debt Settlement

Shares disposed 725,581 common shares Sold on CSE and Nasdaq between Mar 5–27, 2026

Pre-settlement holding 3,844,634 shares (11.89%) Ownership before Debt Settlement

Post-settlement holding 6,145,360 shares (18.85%) Ownership immediately after Debt Settlement

Post-disposition holding 5,419,778 shares (16.31%) Ownership after share sales

52-week performance -92.3% vs high; 8.25% above low Based on pre-news price of $1.05

Market cap $34,812,419 Pre-news market capitalization

Historical Context

5 past events · Latest: Mar 17 (Negative)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Mar 17	CTO resignation	Negative	-5.3%	Chief Technology Officer Max Kaplan resigned effective April 30, 2026.
Mar 17	Investor event	Neutral	-7.4%	Interim CEO scheduled for March 19 Water Tower Research fireside chat.
Mar 11	Crypto partnership	Positive	-0.7%	Validator selected by custodian Balance as Solana staking provider.
Mar 04	Business update	Positive	+21.0%	February 2026 metrics showed growth in wallets, AuD and SOL treasury.
Feb 27	Board transition	Neutral	-1.5%	Proposed refreshed board slate and cooperation agreement with shareholders.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent history shows multiple instances where neutral or positive operational and governance updates were followed by negative price reactions, with only one strong upside move on a clearly growth-focused monthly update.

Recent Company History

Over the past month, SOL Strategies has reported several governance and operational developments. A February 2026 update on validator growth and a treasury of 518,139 SOL saw a strong 20.97% gain, while a validator partnership and a proposed board transition drew mild negative reactions. Management changes, including the CTO resignation effective April 30, 2026, and an announced March 19 fireside chat were also followed by share price declines. Against this backdrop, today’s early warning report reflects another ownership-structure event layered onto ongoing strategic and governance changes.

Key Terms

early warning report, debt settlement, derivative

3 terms

early warning report regulatory

"Antanas Guoga announces that he has filed an early warning report (the "Report")"

An early warning report is a regulatory filing that publicly discloses when an investor or insider has taken a large or potentially influential position in a company's shares or plans significant actions with those shares. It matters to investors because it flags possible shifts in control, takeover attempts, or concentrated influence—like a neighborhood notice that someone is buying several houses on the block—helping readers reassess risk, valuation, and trading strategy.

debt settlement financial

"pursuant to a debt settlement and termination agreement (the "Debt Settlement and Termination Agreement")"

A debt settlement is an agreement where a borrower negotiates to pay less than the full amount owed to creditors in exchange for closing the obligation. Think of it like settling a disputed bill for a lower price to avoid continued collection; for investors, it can immediately reduce a company’s reported liabilities but may signal financial distress, hurt credit ratings, trigger one-time losses, or change future borrowing costs.

derivative financial

"or derivative or other instruments that are based upon or relate to the value of securities"

A derivative is a financial contract whose value depends on the price or performance of another asset or measure — for example a stock, index, interest rate, commodity, or currency. Investors use derivatives like insurance or leveraged bets to hedge risk, speculate, or gain exposure without owning the underlying asset; they can protect portfolios but also amplify losses and introduce counterparty and market risk.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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03/27/2026 - 06:53 PM

Toronto, Ontario--(Newsfile Corp. - March 27, 2026) - Antanas Guoga announces that he has filed an early warning report (the "Report") announcing: (i) the acquisition of an aggregate of 2,300,726 common shares (each, a "Common Share") in the capital of Sol Strategies Inc. (the "Company"), at a deemed issuance price of CAD$2.41 per Common Share, pursuant to a debt settlement and termination agreement (the "Debt Settlement and Termination Agreement") dated December 31, 2025 between the Company and Antanas Guoga (the "Debt Settlement"); and (ii) between March 5, 2026 and March 27, 2026, Mr. Guoga disposed of an aggregate of 725,581 Common Shares through the facilities of the Canadian Securities Exchange and the Nasdaq Stock Market (the "Disposition").

Prior to the completion of the Debt Settlement, Mr. Guoga beneficially owned and controlled an aggregate of 3,844,634 Common Shares, representing approximately 11.89% of the issuance and outstanding on an undiluted and partially diluted basis. On completion of the Debt Settlement, Mr. Guoga beneficially owned and controlled an aggregate of 6,145,360 Common Shares, representing approximately 18.85% of the issuance and outstanding on an undiluted and partially diluted basis. On completion of the Disposition, Mr. Guoga beneficially owned and controlled an aggregate of 5,419,778 Common Shares, representing approximately 16.31% of the issuance and outstanding on an undiluted and partially diluted basis.

Mr. Guoga intends to review its investment in the Company on a continuing basis and depending upon various factors, including without limitation, any discussion between Mr. Guoga, the Company and/or the Company's Board of Directors and its advisors regarding, among other things, the Company's financial position and strategic direction, overall market conditions, the composition of the Company's Board of Directors and management team, other investment opportunities available to Mr. Guoga, and the availability of securities of the Company at prices that would make the purchase or sale of such securities desirable, Mr. Guoga may (i) increase or decrease its position in the Company through, among other things, the purchase or sale of securities of the Company, including through transactions involving the Common Shares and/or other equity, debt, notes, other securities, or derivative or other instruments that are based upon or relate to the value of securities of the Company in the open market or otherwise, (ii) enter into transactions that increase or hedge its economic exposure to the Common Shares without affecting its beneficial ownership of the Common Shares.

For further details relating to the acquisition, please see the Report, a copy of which is available under the Company's profile on SEDAR+ at www.sedarplus.ca, or may be requested by mail at: Antanas Guoga c/o Irwin Lowy LLP, 217 Queen Street West, Suite 401, Toronto, ON M5V 0R2, or by email at tonyguoga@icloud.com.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/290319

FAQ

What did Antanas Guoga disclose in his March 27, 2026 early warning for STKE?

He disclosed acquiring 2,300,726 STKE shares at a deemed price of CAD$2.41 each and selling 725,581 shares. According to the company, ownership moved from 11.89% pre-settlement to 18.85% post-settlement and settled at 16.31% after disposals.

How many Sol Strategies (STKE) shares does Antanas Guoga own after the March 2026 disposals?

After disposals between March 5 and March 27, 2026, he holds 5,419,778 Common Shares, about 16.31% ownership. According to the company, this reflects the post-disposition beneficial ownership reported in the early warning filing.

Why did Antanas Guoga file an early warning report for STKE on March 27, 2026?

He filed because his beneficial ownership changed materially after the debt-settlement acquisition and subsequent market disposals. According to the company, the filing reports the acquisition, subsequent disposals, and current ownership percentages.

Could Antanas Guoga buy or sell more STKE shares after March 27, 2026?

Yes; he said he intends to review and may increase, decrease, or hedge his position depending on factors like company discussions and market conditions. According to the company, future purchases or sales remain possible and may affect ownership.

Where can investors find the full early warning report for Antanas Guoga and STKE?

The report is available under the company's SEDAR+ profile and may be requested from the filer by mail or email. According to the company, the filing contains detailed schedules and contact information for further inquiries.