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DeFi Development will pay dividends in warrants and seek $73.50 million in funding to support acquisition of SOL

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2025-10-09 04:59:03
Nasdaq-listed DeFi Development (DFDV) announced that it will pay a special dividend in the form of warrants to holders of common shares as of October 23, 2025, based on the share of common shares and convertible senior notes currently outstanding, the company expects to distribute up to approximately 3.30 million warrants, each of which will give the holder the right to subscribe to one common share at an exercise price of $22.50, assuming that the shareholders exercise the warrants in full, the company will receive $73.50 million in funds to be used to acquire SOL and Working Funds.
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