DeFi Development intends to offer $100M in convertible senior notes
Main Idea
DeFi Development (NASDAQ:DFDV) announced plans to offer $100M of convertible senior notes due July 1, 2030, and its shares dropped -9.99% post-market to $19.00.
Key Points
1. DeFi Development (NASDAQ:DFDV) intends to offer $100M of convertible senior notes due July 1, 2030.
2. The offering will be conducted in a private placement.
3. Shares of DeFi Development dropped -9.99% post-market to $19.00 following the announcement.
Description
More on DeFi Development DeFi Development: The MicroStrategy Of Solana DeFi Development enters $5B equity line of credit DeFi Dev partners with Exponent to expand utility of dfdvSOL and drive SOL per share growth Seeking Alpha’s Quant Rating on DeFi Development
$SOL
$178.88
-3.00%
$QNT
$103.96
-3.90%
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