Mangoceuticals shares surge 12.17% intraday after partnership with Cube Group targets $100M in Solana assets.

Mangoceuticals surged 12.17% intraday trading after announcing a $2.5 million capital raise through a registered direct and private placement, as well as a strategic partnership with Cube Group to launch a Solana-focused token targeting $100 million in assets. The Nasdaq-listed firm emphasized its subsidiary Mango DAT’s role in the digital asset initiative, signaling expansion into blockchain-based financial services. The fundraising and partnership underscore confidence in the company’s growth strategy, aligning with the sharp intraday rally as investors reacted positively to the dual announcements of liquidity enhancement and market expansion.