Ark Invest is facing losses after leading a $300 million investment in Solmate, a public company that accumulates SOL, after Solmate’s shares fell more than 97%.
According to NS3.AI, Financial Times reported that Solmate’s stock declined from $249 to $5.
The report said Solmate missed its annual report deadline, which has left Ark Invest and other investors unable to sell their shares.
Ark Invest Faces Losses After Solmate Shares Drop Over 97% Following $300 Million Investment
2026-06-26 02:34:20
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