DeFi Development signs ATM deal to sell up to 30,000,000 Series C perpetual preferred shares
Reuters2026/09/11 21:28Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- 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.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DeFi Development Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001805526-26-000104), on September 11, 2026, and is solely responsible for the information contained therein.
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