Kalshi reports $1.12 billion sold in planned $1.5 billion equity offering

Kalshi has sold $1.12 billion of a planned $1.5 billion equity offering, according to a Form D filing cited by Cointelegraph. The amount represents roughly three-quarters of the offering target. The filing identifies 71 investors and states that Kalshi is conducting the sale under an exemption that permits certain private offerings to proceed without registration with the US Securities and Exchange Commission. The disclosure provides the reported fundraising figures and the structure of the offering, but does not indicate that the full $1.5 billion target has been reached. Kalshi’s filing is relevant to market participants tracking private-company capital raising and the company’s reported equity financing activity. The offering remains subject to the terms and conditions described in the filing.