DeFi Development will distribute dividends through warrants and seek to obtain $73.5 million in funding to acquire SOL

Nasdaq-listed company DeFi Development (DFDV) announced that it will distribute a special dividend in the form of warrants to common stockholders as of October 23, 2025. Based on the currently issued common stock and convertible preferred notes, the company expects to allocate up to approximately 3.3 million warrants, each warrant will grant the holder the right to purchase one share of common stock at an exercise price of $22.5. Assuming all shareholders exercise the warrants, the company will raise $73.5 million for the acquisition of SOL and working capital.