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Investor Support for AirNet's Strategy Continues with Additional SOL Influx

1. AirNet received 453,598 Solana (SOL) from warrant exercises. 2. Total proceeds from warrants reached 749,965 SOL. 3. This capital inflow strengthens AirNet's digital asset holdings. 4. Investors' continued support indicates confidence in AirNet's strategy.

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Why Bullish?

The substantial warrant exercises increase liquidity and signal investor confidence, potentially leading to a price rise. Historically, similar capital inflows for tech companies often correlated with stock price increases due to improved financial stability.

How important is it?

The article discusses significant capital inflows that directly affect AirNet’s asset liquidity and market confidence. This is crucial in a volatile market, enhancing investor sentiment towards ANTE.

Why Short Term?

The immediate capital influx from exercised warrants is likely to impact investor perceptions and stock price in the short term. Such events often lead to quick trading activity and price adjustments.

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, /PRNewswire/ -- AirNet Technology Inc. (Nasdaq: ANTE) ("AirNet" or the "Company") today announced that it has received an additional 453,598 Solana (SOL) as investors continue to exercise their outstanding warrants. This latest exercise, combined with the previously announced 296,367 SOL, brings the total proceeds from recent warrant exercises to 749,965 SOL. The continued influx of capital significantly strengthens the Company's digital asset holdings and highlights sustained support for AirNet's strategic direction. Forward-Looking Statements This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as "may," "will," "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantee of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company's goals and strategies; the Company's future business development; changes in technology; economic conditions; reputation and brand; the impact of competition and pricing; government regulations; changes in applicable laws or regulations; as well as those risks and uncertainties discussed from time to time in other reports and other public filings with the Securities and Exchange Commission by the Company. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof unless required by applicable laws, regulations or rules. SOURCE AirNet Technology Inc. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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