DeFi Development to distribute dividends in the form of warrants and seek $73.5 million in funding to acquire SOL

Odaily Planet Daily News: Nasdaq-listed company DeFi Development (DFDV) announced that it will pay a special dividend in the form of warrants to common stock holders as of October 23, 2025. Based on the currently outstanding common stock and convertible senior notes, the company expects to distribute up to approximately 3.3 million warrants, each of which will entitle the holder to subscribe for one share of common stock at an exercise price of $22.50. Assuming all shareholders exercise the warrants, the company will receive $73.5 million in funds to be used for the acquisition of SOL and working capital. (Globenewswire)