Solana Treasury Company attempting to raise $2 billion sees stock value decline after share offering

VisionSys AI shares fell more than 77% amidst news of a registered direct stock offering to raise about 12 million USD. The stock is now trading at 0.29 USD, marking an 88% decline over five days.

In October, VisionSys planned a Solana treasury worth up to 2 billion USD, with an initial goal to purchase 500 million USD of SOL within six months. However, no purchases have been made, leading to questions about their future intentions.