Express
NASDAQ-listed SOL Treasury Company DFDV Raises $125 Million to Increase SOL Holdings
Summary: According to reports, NASDAQ-listed SOL Treasury Company DeFi Development Corp (DFDV) announced today that it has signed a final agreement to raise $125 million in equity financing at a price of $12.50 per share. The transaction is expected to be completed on August 28, 2025 (Thursday), subject to customary closing conditions. Under the subscription agreement, ...
According to reports, NASDAQ-listed SOL Treasury Company DeFi Development Corp (DFDV) announced today that it has signed a final agreement to raise $125 million in equity financing at a price of $12.50 per share. The transaction is expected to be completed on August 28, 2025 (Thursday), subject to customary closing conditions.
Under the subscription agreement, the company will sell approximately 4.2 million shares of common stock (at a purchase price of $12.50 per share) and warrants to subscribe for approximately 5.7 million shares of common stock (at a purchase price of $12.4999 per share, with an exercise price of $0.0001 per share). The consideration for this issuance will be in the form of a combination of cash and locked SOL, further strengthening DFDV's strategy to maximize per share Solana holdings (SPS) growth. The net proceeds raised will be used to increase holdings of spot SOL and discounted locked SOL, thereby expanding the treasury's asset base.
Tags:
Link: NASDAQ-listed SOL Treasury Company DFDV Raises $125 Million to Increase SOL Holdings [Copy]
