TORONTO, Dec. 15, 2025 — Matador Technologies Inc. (TSXV:MATA, OTCQB:MATAF, FSE:IU3) — Matador Technologies has amended its convertible note facility with ATW Partners, securing an initial USD$10.5 million tranche.
The funds will be used to purchase Bitcoin, aiming to boost Bitcoin-per-share (BPS) growth.
The amended agreement allows Matador to issue up to USD$100 million in convertible notes. The Investor can require the Company to issue additional Notes in the aggregate principal amount of up to USD$46,250,000 prior to the Uplisting (as defined below), plus up to an additional USD$28,750,000 (for an aggregate of USD$75,000,000) following the Uplisting.
According to Deven Soni, CEO, this financing is a step toward the company’s long-term Bitcoin accumulation plan. Chief Visionary Officer Mark Moss said Bitcoin is foundational to Matador’s operating model and treasury approach.
This capital supports Matador’s long-term BTC plan, including acquiring up to 1,000 BTC by 2026. The Notes issuable under the terms of the Facility will bear interest at a rate of 8% per annum, which will scale down to 5% per annum following the delisting of Matador from the TSX Venture Exchange (the “TSXV”) and the successful listing of Matador on the NASDAQ or NYSE (collectively, the “Uplisting”).
For additional information, please contact:
Deven Soni Chief Executive Officer Email: deven@matador.network Phone: 647-496-6282
Source: Matador Technologies Inc.
