DeFi Development Corp submitted a $1 billion shelf registration application to the SEC.

robot
Abstract generation in progress

PANews, April 26, news reported by The Block, DeFi Development Company (stock code: JNVR) has submitted a $1 billion shelf registration application to the U.S. SEC. A shelf registration allows companies to register new securities offerings without having to sell the entire offering at once. The documents state that DeFi Development Company can issue common stock, preferred stock, warrants, debt securities, and other instruments. The specific timing of the shelf offering has yet to be determined. The proposal must be approved by the U.S. SEC. DDC is one of many publicly traded companies that have recently focused on Solana. The company, along with Sol Strategies, Upexi, and Galaxy Digital, is acquiring SOL to provide investors with an alternative avenue to invest in the cryptocurrency.

DEFI0.8%
SOL0.85%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)