Solai shares surge 20.43% intraday after Chaince Digital Holdings Inc. proposes $3.069 per ADS private acquisition with 10% premium over NAV.

Thursday, Mar 12, 2026 11:24 am ET1min read
SLAI--
Solai surged 20.43% intraday after announcing a preliminary privatization offer from Chaince Digital Holdings Inc. at $3.069 per ADS, a 110% premium over its September 30, 2025 net asset value, with a maximum price of $3.20. The company also unveiled a strategic expansion into personal AI infrastructure, introducing a four-tier technology stack—including personal AI node devices, edge runtime, smart routing, and high-density computing—with prototypes and internal alpha software already developed.

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