DeFi Development opens $300M at-the-market program for CHAD preferred shares

DeFi Development has opened an at-the-market program for up to 30 million CHAD preferred shares, representing $300 million at the $10 stated amount. The shares carry a 13% annual dividend rate, which would total about $39 million a year if all 30 million shares were issued.

Detected & updated continuously · Source: Nebula