US Stock SOL Treasury Company DFDV Raises $125 Million to Increase SOL Holdings
BlockBeats News, August 25th, U.S. Stock SOL Treasury Company DeFi Development Corp (DFDV) today announced that it has signed a definitive agreement to conduct a $125 million equity financing at a price of $12.50 per share. The transaction is expected to be completed on Thursday, August 28, 2025, subject to customary closing conditions.
Under the subscription agreement terms, the company will sell approximately 4.2 million shares of common stock (at a purchase price of $12.50 per share) and warrants exercisable for approximately 5.7 million shares of common stock (at a purchase price of $12.4999 per share with an exercise price of $0.0001 per share). The consideration for this issuance will be in the form of a combination of cash and locked SOL, further strengthening DFDV's strategic goal of maximizing Solana Per Share (SPS) growth. The net proceeds raised will be used to increase spot SOL holdings and discounted locked SOL to expand the treasury asset base.
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