Classover Holdings, Inc. (NASDAQ:KIDZ) announced on Tuesday that it has entered into a second waiver agreement with Solana Growth Ventures LLC, further extending certain registration deadlines related to the company’s senior secured convertible notes. The information is based on a press release statement made in a recent SEC filing.
Under the new waiver, the deadline for filing a registration statement has been moved from 75 calendar days after the closing date to October 31, 2025. Additionally, the deadline for the registration statement to become effective has been extended from 150 calendar days after the closing date to December 31, 2025.
These changes follow a previous waiver dated July 18, 2025, which had already extended the original deadlines set in the Registration Rights Agreement between the two parties.
Classover Holdings’ Class B Common Stock and redeemable warrants are listed on the Nasdaq Stock Market under the symbols NASDAQ:KIDZ and NASDAQ:KIDZW, respectively.
The company stated that the description of the second waiver agreement is qualified by the full text of the agreement, which was included as an exhibit in the filing. The filing was signed by Chief Executive Officer Hui Luo.
No additional financial details or changes to other terms of the agreement were disclosed in the filing.
In other recent news, Classover Holdings, Inc. disclosed it holds approximately 57,131 Solana tokens, valued at $11.27 million. The educational technology company reported an aggregate purchase price of $8.55 million for these holdings, with an average cost basis of $149.70 per Solana token, including staking rewards. Classover has significantly expanded its Solana cryptocurrency holdings by about 295% since June 12, increasing its total to 52,067 tokens. The company has staked around 75% of these holdings with institutional-grade validators, a move intended to generate yield while supporting the Solana blockchain’s security and decentralization. This development marks a notable increase in Classover’s cryptocurrency reserves. The company’s strategic decision to stake the majority of its tokens highlights its commitment to leveraging blockchain technology. These recent developments reflect Classover’s ongoing efforts to strengthen its digital asset portfolio.
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