DeFi Development Corp. Announces Commencement of Trading of Warrants (Ticker: DFDVW)

Rhea-AI Summary

DeFi Development Corp (NASDAQ: DFDV) announced that the dividend-warrants declared on October 8, 2025 are now listed and trading on the Nasdaq Capital Market under ticker DFDVW as of November 6, 2025.

The company distributed one (1) warrant for each ten (10) shares held as of the October 23, 2025 record date. Each warrant entitles the holder to buy one share at an exercise price of $22.50 and expires on January 21, 2028. No action was required to receive the warrants. The company said potential proceeds from any exercises may be used for general corporate purposes, including acquiring Solana (SOL) and working capital.

Positive

• Warrants now listed and tradable on Nasdaq
• Distribution ratio: 1 warrant per 10 shares
• Defined exercise terms: $22.50 per share, expires Jan 21, 2028
• Proceeds may fund SOL acquisition and working capital

Negative

• Potential dilution if warrants are exercised
• Proceeds depend on warrant exercises, so funding amount and timing are uncertain

BOCA RATON, FL, Nov. 06, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the “Company”), the first public company with a treasury strategy built to accumulate and compound Solana (“SOL”), today announced that the dividend-warrants declared on October 8, 2025, are now listed and trading on the Nasdaq Capital Market under the ticker symbol DFDVW.

As previously disclosed, the Company distributed one (1) warrant for each ten (10) shares of common stock held as of the record date of October 23, 2025. Each warrant entitles the holder to purchase one share of common stock at an exercise price of $22.50 until the expiration date of January 21, 2028. No action was required from eligible stockholders to receive the warrants.

The listing and commencement of trading of the warrants marks the next phase of the Company’s shareholder-aligned capital formation strategy. The Company remains committed to using the potential proceeds from any exercise of the warrants, to the extent exercised, for general corporate purposes, including the acquisition of SOL and working capital.

Stockholders and note-holders who received the warrants may now trade them on Nasdaq or hold them for potential exercise.

About DeFi Development Corp.

DeFi Development Corp. (Nasdaq: DFDV) has adopted a treasury policy under which the principal holding in its treasury reserve is allocated to SOL. Through this strategy, the Company provides investors with direct economic exposure to SOL, while also actively participating in the growth of the Solana ecosystem. In addition to holding and staking SOL, DeFi Development Corp. operates its own validator infrastructure, generating staking rewards and fees from delegated stake. The Company is also engaged across decentralized finance (“DeFi”) opportunities and continues to explore innovative ways to support and benefit from Solana’s expanding application layer.

The Company is an AI-powered online platform that connects the commercial real estate industry by providing data and software subscriptions, as well as value-add services, to multifamily and commercial property professionals, as the Company connects the increasingly complex ecosystem that stakeholders have to manage.

The Company currently serves more than one million web users annually, including multifamily and commercial property owners and developers applying for billions of dollars of debt financing per year, professional service providers, and thousands of multifamily and commercial property lenders, including more than 10% of the banks in America, credit unions, real estate investment trusts (“REITs”), debt funds, Fannie Mae® and Freddie Mac® multifamily lenders, FHA multifamily lenders, commercial mortgage-backed securities (“CMBS”) lenders, Small Business Administration (“SBA”) lenders, and more. The Company’s data and software offerings are generally offered on a subscription basis as software as a service (“SaaS”).

Forward-Looking Statements

This release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, including concerning the warrant distribution; the anticipated record date and distribution date for the warrant; the anticipated gross proceeds from the exercise of warrants; the expected use of proceeds; the acceptance to trading of the warrants on the Nasdaq Capital Market; the prices of the warrants; and the existence of a market for those warrants. Forward-looking statements can be identified by words such as: "anticipate," "intend," "plan," "believe," "project," "estimate," "expect," strategy," "future," "likely," "may,", "should," "will" and similar references to future periods. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control, including market risks, trends and uncertainties, and other risks and uncertainties more fully in the section captioned "Risk Factors" in the Company's most recent Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q and other reports we file with the SEC. As a result of these matters, changes in facts, assumptions not being realized or other circumstances, the Company's actual results may differ materially from the expected results discussed in the forward-looking statements contained in this press release. Forward-looking statements contained in this announcement are made as of this date, and the Company undertakes no duty to update such information except as required under applicable law.

Investor Contact:
ir@defidevcorp.com

Media Contact:
press@defidevcorp.com

FAQ

What ticker do the DeFi Development Corp warrants trade under and when did trading begin?

The warrants trade under DFDVW on Nasdaq and commenced trading on November 6, 2025.

How many warrants did DeFi Development Corp distribute per share and what was the record date?

The company distributed one warrant for every ten shares held as of the record date of October 23, 2025.

What are the exercise terms for DFDVW warrants (price and expiration)?

Each warrant allows purchase of one share at an exercise price of $22.50 and expires on January 21, 2028.

Do DeFi Development Corp stockholders need to take action to receive the warrants?

No action was required; eligible stockholders and note-holders received the warrants automatically.

How will DeFi Development Corp use proceeds from warrant exercises?

The company said potential proceeds, if warrants are exercised, may be used for general corporate purposes including acquiring Solana (SOL) and working capital.