by: xpoolPosted on:

SEC Halts DeFi Development’s $1 Billion Solana Offering, Triggers Withdrawal

DeFi Development Corp. has withdrawn its planned $1 billion securities offering after the U.S. Securities and Exchange Commission (SEC) deemed it ineligible to file under Form S-3. The SEC cited a missing internal controls report in the company’s recent 10-K filing as the reason for the rejection.

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