Solana treasury arm, DeFi Development Corp. (DFDV), plans a $20M preferred stock offering ("CHAD Stock").
Features: $10 par, 13% initial annual dividend (accrues daily, payable quarterly). First dividend expected Oct 1.
Funds for general corporate purposes: working capital, acquiring SOL & other digital assets, strategic moves, business expansion.
Underwriters have a 30-day option for 15% more shares.
Nostr note: DFDV $20M CHAD Stock offering announced. Funds to acquire SOL & expand. Dividend expected Oct 1. #Solana #DeFi #crypto #stocks #IPO
Blockchain Report
npub1cg…nmysr
2026-08-31 23:35:48 UTC
Author Public Key
npub1cg2ejqexhx88llcve0yxts2exv5q9k0a88l69q0vp7y5n0f2xyfscnmysrPublished at
2026-08-31 23:35:48 UTCEvent JSON
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"pubkey": "c215990326b98e7fff0ccbc865c159332802d9fd39ffa281ec0f8949bd2a3113",
"created_at": 1788219348,
"kind": 1,
"tags": [],
"content": "Solana treasury arm, DeFi Development Corp. (DFDV), plans a $20M preferred stock offering (\"CHAD Stock\").\nFeatures: $10 par, 13% initial annual dividend (accrues daily, payable quarterly). First dividend expected Oct 1.\nFunds for general corporate purposes: working capital, acquiring SOL \u0026 other digital assets, strategic moves, business expansion.\nUnderwriters have a 30-day option for 15% more shares.\nNostr note: DFDV $20M CHAD Stock offering announced. Funds to acquire SOL \u0026 expand. Dividend expected Oct 1. #Solana #DeFi #crypto #stocks #IPO",
"sig": "1a76056e739c8fc8d7dbabd7da6f385c156cbae936f9091b59113e74e00646da02a1d2f1fba68e13c8f3916bdb6982688c35a2b94c65c9d727dfa4f2c9aad1df"
}