ChainCatcher message, US stock SOL treasury company DeFi Development Corp (DFDV) today announced that it has signed a final agreement to conduct a $125 million equity financing at a price of $12.5 per share.
The transaction is expected to be completed on August 28, 2025 (Thursday), subject to customary closing conditions.
According to the terms of the subscription agreement, the company will sell a total of approximately 4.2 million shares of common stock (purchase price $12.5 per share), as well as pre-funded warrants for a total of approximately 5.7 million shares of common stock (purchase price $12.4999 per share, exercise price $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 each share of Solana holding (SPS) growth.
The net funds raised will be used to increase holdings of spot SOL and discounted locked SOL, thereby expanding the treasury asset scale.
