Spetz Stock Completes $8.1M Fundraising Push for Sonic Blockchain Expansion

Spetz Inc. just wrapped up its second funding round, bringing the total capital raised to a solid $8.1 million. This blockchain infrastructure player (trading under ticker symbols CSE:SPTZ and OTC PINK:DBKSF) is making serious moves to strengthen its position in the Sonic ecosystem.

The Numbers Breakdown

In yesterday’s closing, Spetz issued 1.506 million units at $0.50 each, pulling in $753,000 from this tranche alone. Combined with the first round completed on May 28th—which generated $7.35 million from 14.7 million units—the company has now distributed 16.2 million units across the entire private placement.

Each unit gets you one common share plus half a warrant. The warrants carry a $0.75 strike price and are valid for 24 months, giving investors a play on upside potential as the Sonic network develops.

What’s the Money For?

Spetz plans to deploy the capital across three main areas: general operations, validator infrastructure expansion, and broader growth initiatives within the blockchain sector. Translation: they’re building out their technical backbone while staying lean on operations.

The company still has room to close additional tranches through June 23rd, potentially raising up to another $1.9 million if demand holds.

Dealer Cuts and Finder’s Incentives

To make this happen, Spetz paid out $39,000 in cash commissions to four securities dealers. They also handed out non-transferable finder’s warrants covering up to 108,000 shares at the same $0.75 strike, also good for 24 months.

Worth noting: there were some corrections from the first round disclosure—the company initially reported $315,812 in commissions but the actual figure was $321,812. Similarly, finder’s warrant shares were restated from 719,524 to 731,524.

What’s Spetz Really About?

Operating under the SonicStrategy brand, this parent company focuses on giving retail investors compliant exposure to the Sonic blockchain network. They’re essentially building a public gateway to staking and DeFi strategies on Sonic, positioning themselves as the accessible on-ramp for people wanting ecosystem participation without running validators themselves.

All issued securities are locked up for four months, with the hold expiring October 19th, 2025.