BlockBeats message, on March 29, the US-listed Solana treasury company Artelo Biosciences announced the private placement of a total of 3,188,407 shares of common stock at a price of $3.45 per share, raising a total of $11 million. The new funds will be used for general corporate purposes and to repay a portion of transitional debt. Artelo currently holds 45,883 SOL.