ACQUISITION MEMORANDUM
- REF:
- ACQ-001
- DATE:
- THE DAY YOU ARE READING THIS
- SUBJECT:
- Proposed acquisition of Sol Strategies (NASDAQ: STKE)
- PREPARED BY:
- TAKE STAKE
- STATUS:
- PARODY
Take Stake proposes to acquire Sol Strategies. The proposal is parody. The commitment to the proposal is not.
The consideration is measured in market capitalization. When the market capitalization of $TAKE meets or exceeds that of STKE, the acquisition will be declared complete. It will confer nothing. We are aware of this. We have decided to proceed anyway.
The transaction rationale is straightforward: Sol Strategies operates Solana validators and stakes SOL. We are a Solana community. They stake. We take stake. The board is invited to reflect on this symmetry.
Management's response to this memorandum is not expected, because it will not be sent to them.
The full memorandum, including methodology, risk factors, and the status framework, is available as a PDF. It has page numbers and everything.