Svmuu News: TownSquare’s public offering on Sonar has been oversubscribed, with the pre-market price already exceeding the offering price by 25%. As of this writing, TownSquare’s public offering on Sonar has raised over $91 million, representing an oversubscription of approximately 10%.
Meanwhile, the pre-TGE price of the TOWN token on Aspecta remains above a $250 million valuation.
As one of the few Sonar public offering projects listed on the Polymarket prediction market, there is currently a 99% probability that the offering will exceed $1 million, a 73% probability that it will exceed $1.25 million, and a 52% probability that it will exceed $1.5 million.