The offering saw Solana raise $1.76 million from 8 million tokens that were sold via Dutch auction for between $0.23 and $0.25
Source: https://cointelegraph.com/news/crypto-dutch-auctions-show-promise-after-176m-offering-sells-out
Crypto ‘Dutch Auctions’ Show Promise After $1.76M Offering Sells Out
March 30, 2020
CoinTelegraph