Key Highlights: SkyAI commenced a cash tender offer to repurchase common stock and warrants at $3.00 apiece, covering 95% of each outstanding class. The offer could cost $201.3 million before related fees and expenses, funded from $223.1 million in cash on hand. SkyAI’s exit from its Solana digital asset treasury strategy follows approximately $153 million ...
Key Highlights DeFi Development Corp. has lifted the annualized dividend yield on its CHAD variable rate perpetual preferred stock to 14% based on a $10 purchase price. The firm expanded its treasury reserves to roughly 2.59 million SOL and SOL equivalents, marking a 12% rise since its August earnings update. Capital raised via an active ...
Key Highlights: DeFi Technologies Inc. subsidiary DeFi Dev Corp. (DFDV) added 22,070 SOL to its reserves, bringing total holdings to 2,586,282 SOL. DFDV shares dipped ~21% across the week to $4.32, while its high-yield perpetual preferred stock (CHAD) traded near par value at $10. Capital raised through a $300 million CHAD at-the-market offering continues to ...
DeFi Development Corp. has priced its Variable Rate Series C Perpetual Preferred Stock offering at $9 per share, according to an updated prospectus filed with…