DeFi Development Corp. proposes $20M Series C perpetual preferred stock offering to buy more Solana
DeFi Development Corp. (Nasdaq: DFDV), a Solana treasury firm, filed a 424B5 with the SEC proposing a public offering of up to $20 million of Variable Rate Series C perpetual preferred stock ("CHAD Stock") at $10.00 per share with a 13% initial dividend rate, intending to use proceeds primarily to acquire more Solana tokens.
Detected & updated continuously · Source: Nebula
Sources
@CryptoMeterIO
🇺🇸 JUST IN: Nasdaq-listed DeFi Development Corp. ($DFDV) plans to raise up to $20M via Series C preferred stock, initially yielding 13%, to buy more $SOL.
@kesavantcm
💥 DeFi Development Corp (NASDAQ: DFDV) announced plans to issue up to $20 million in Series C perpetual preferred stock. The company intends to use the net proceeds primarily to acquire more Solana $SOL tokens, fund working capital and support overall strategic growth
@CryptoNewsHntrs
🚨 DEFI DEVELOPMENT CORP PROPOSES A $20M PREFERRED STOCK OFFERING TO BUY MORE $SOL. BULLISH https://t.co/RkeBjLXuK7
@wublockchain12
吴说获悉，Solana 财库公司 DeFi Development Corp.（Nasdaq: DFDV）宣布拟首次公开发行最多 2,000 万美元的可变利率 Series C 永久优先股（“CHAD Stock”），并拟授予承销商额外购买最多 15% 股份的 30 天期选择权。该优先股每股面值 10 美元，初始年化股息率为
@Cointelegraph
🚨 NEW: DeFi Development Corp. (Nasdaq: DFDV) has proposed a $20M IPO of Series C perpetual preferred stock, with part of the proceeds going toward acquiring more SOL. https://t.co/vAlGINY01w
@blckchaindaily
🚨 DEFI DEVELOPMENT CORP $DFDV FILES 424B5 TO OFFER 2.2M SHARES OF VARIABLE RATE SERIES C PERPETUAL PREFERRED STOCK AT $10.00 PER SHARE; UNDERWRITER OPTION FOR 330K ADDITIONAL SHARES - SEC FILING
@AbsurdbunnyABSB
On September 1, #DEFI Development Corp. (Nasdaq: DFDV), a public company pursuing a Solana-focused treasury strategy, announced plans to conduct a public offering of up to $20 million of Variable Rate Series C Perpetual Preferred Stock, known as “CHAD Stock.” The company plans to
@TheBlockCo
THE BLOCK: Solana treasury firm DeFi Development Corp. has proposed a public offering of up to $20 million of Variable Rate Series C perpetual preferred stock. $DFDV plans to use the proceeds to acquire more $SOL and crypto-related investments. https://t.co/15Cu6k6I8Y