Mr. Matt Zahab reports

HYLQ ANNOUNCES PRIVATE PLACEMENT

HYLQ Strategy Corp. (formerly Tony G Co-Investment Holdings Ltd.) has arranged a non-brokered private placement financing for gross proceeds of up to $8-million through the issuance of up to 5,333,333 units at a price of $1.50 per unit.

Each unit comprises one common share of the company and one whole common share purchase warrant of the company. Each warrant entitles the holder thereof to purchase one common share at a price of $1.75 per common share for a period of 24 months from the date of issuance, provided, however, that should the closing price at which the common shares trade on the Canadian Securities Exchange (or any such other stock exchange in Canada as the common shares may trade at the applicable time) exceed $3.50 for 90 consecutive trading days at any time following the date that is four months and one day after the date of issuance, the company may accelerate the warrant term such that the warrants shall expire on the date that is 30 business days following the date a news release is issued by the company announcing the reduced warrant term.

Gross proceeds raised from the offering will be used to purchase HYPE (hyperliquid tokens) for HYLQ's treasury, investments in the hyperliquid ecosystem and general working capital purposes.

Closing of the offering is subject to receipt of all necessary corporate and regulatory approvals, including the approval of Canadian Securities Exchange. All securities issued in connection with the offering will be subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation.

We seek Safe Harbor.