PANews reported on October 9th that, according to GlobeNewswire, DeFi Development Corp. (Nasdaq: DFDV) announced that it will distribute one warrant for every ten shares held by common stockholders on the record date of October 23rd, rounded down. Distribution is expected to take place on October 27th, totaling approximately 3.3 million warrants. Each warrant is exercisable to purchase one share of common stock at $22.50 from the date of distribution until expiration on January 21, 2028. Exercise is cash only. The warrants are intended to be listed on the Nasdaq Capital Market under the symbol DFDVW. Convertible bonds maturing in 2030 will also be distributed simultaneously on a conversion basis (4.3269 per $1,000 par value, rounded down). The company stated that if all warrants are exercised, they intend to raise up to $73.5 million for general corporate purposes, SOL-related acquisitions, and working capital. In addition, DeFi Development also announced a partnership with Superteam Japan to launch Japan's first Solana treasury project DFDV JP.PANews reported on October 9th that, according to GlobeNewswire, DeFi Development Corp. (Nasdaq: DFDV) announced that it will distribute one warrant for every ten shares held by common stockholders on the record date of October 23rd, rounded down. Distribution is expected to take place on October 27th, totaling approximately 3.3 million warrants. Each warrant is exercisable to purchase one share of common stock at $22.50 from the date of distribution until expiration on January 21, 2028. Exercise is cash only. The warrants are intended to be listed on the Nasdaq Capital Market under the symbol DFDVW. Convertible bonds maturing in 2030 will also be distributed simultaneously on a conversion basis (4.3269 per $1,000 par value, rounded down). The company stated that if all warrants are exercised, they intend to raise up to $73.5 million for general corporate purposes, SOL-related acquisitions, and working capital. In addition, DeFi Development also announced a partnership with Superteam Japan to launch Japan's first Solana treasury project DFDV JP.