DeFi Development signs ATM deal to sell up to 30,000,000 Series C perpetual preferred shares
DFDV•ATM agreement for Series C preferred stock
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.
- The issuance will run through an effective Form S-3 shelf registration statement, supported by a prospectus supplement dated September 11, 2026.
- Net proceeds are earmarked for general corporate purposes, working capital, Solana (SOL) digital asset purchases, and strategic initiatives.
- The agent commission is set at up to 0.75% of gross share sale proceeds.
- Either party can terminate the sales agreement with 10 days’ prior notice.
