DeFi Development signs ATM deal to sell up to 30,000,000 Series C perpetual preferred shares
Reuters2026/09/11 21:28- DeFi Development Corp. signed an at-the-market sales agreement with R.F. Lafferty to sell up to 30,000,000 shares of Variable Rate Series C Perpetual Preferred Stock.
- Issuance to run through an effective Form S-3 shelf registration statement, supported by a prospectus supplement dated September 11, 2026.
- Net proceeds earmarked for general corporate purposes, working capital, Solana (SOL) digital asset purchases, strategic initiatives.
- Agent commission set at up to 0.75% of gross share sale proceeds.
- Either party can terminate the sales agreement with 10 days’ prior notice.
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