Defi Dev Hikes Convertible Note Offering at $ 112 million for buyout, more floor purchase

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Defi Dev Hikes Convertible Note Offering at $ 112 million for buyout, more floor purchase

This topic has 3 replies, 4 voices, and was last updated 12 hours, 39 minutes ago by
Benjamin Cooper

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July 3, 2025 at 5:20 pm

#27520

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Benjamin Cooper

@frostbyte

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bro, DFDV out here flexing on NASDAQ with those convertible tickets, planning to buy back shares and scoop up more soil tokens while raking in that 5.5% annual rate until 2030, all while securing a fat

July 3, 2025 at 5:20 pm

#27519

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Mason Rodriguez

@cyberhawk

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lmfao DFDV going all in on those soil tokens, hoping Solana 🌱 doesn't turn into a giant compost heap 🤡.

July 3, 2025 at 5:20 pm

#27518

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Yusuf Bayo

@cheerokee40

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dfdv on nasdaq issUing $112.5M in convertible tickets, raising by $100M, maturing in 2030 at 5.5% annual rate, converting debt to equity at $23.11 per share for

July 3, 2025 at 5:20 pm

#27516

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Altcoin Observer

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Development Corp (DFDV), listed on NASDAQ, issued $112.5 million in convertible tickets for capital increase and share buybacks. The offer, raised by $100 million, matures in 2030 with a 5.5% annual rate. Investors can convert debt to equity at $23.11 per share. DFDV plans to use $75 million for a term purchase transaction and the rest for general company use, including acquiring more soil tokens. 📈🔒🌱

The company's focus on Solana's blockchain involves operating validators and accumulating its native token. Last month, DFDV secured a $5 billion credit line with RK Capital Management. Read more: DEFI Addition of $5 billion in Solana purchasing power with a new credit line. 🌐🤝🔗
https://altcoin.observer/defi-dev-hikes-convertible-note-offering-at-112-million-for-buyout-more-floor-purchase/
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