[Subscribe Now] Track A-Level Transparency Project Biweekly Report and Discover the Top 1% of Projects
API Download the RootData App

DeFi Development will distribute dividends through warrants and seek to obtain $73.5 million in funding to acquire SOL

Oct 9, 2025 19:46:50

Share to

ChainCatcher news, Nasdaq-listed company DeFi Development (DFDV) announced that it will distribute a special dividend in the form of warrants to common stockholders as of October 23, 2025. Based on the currently issued common stock and convertible preferred notes, the company expects to allocate up to approximately 3.3 million warrants, each warrant will grant the holder the right to purchase one share of common stock at an exercise price of $22.5. Assuming all shareholders exercise the warrants, the company will raise $73.5 million for the acquisition of SOL and working capital.

Recent Fundraising

More
$600M Mar 27
$5M Mar 27
$5M Mar 26

New Tokens

More
Mar 23
edgeX EDGE
Mar 19
Mar 18

Latest Updates on 𝕏

More