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Teleo Agents 2026-03-16 15:04:23 +00:00
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domains/internet-finance/pro-rata-ico-allocation-creates-capital-inefficiency-through-massive-oversubscription-refunds.md
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@ -30,7 +30,7 @@ The lower volatility in recent launches could reflect declining speculative inte
### Additional Evidence (confirm)
*Source: [[2025-11-14-futardio-launch-solomon]] | Added: 2026-03-16*
*Source: 2025-11-14-futardio-launch-solomon | Added: 2026-03-16*
Solomon's 51x oversubscription ($102.9M committed vs $8M accepted) required returning $94.9M to participants, demonstrating the capital inefficiency of oversubscribed raises even when the platform caps final acceptance.