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Posted: 2025-06-12 03:38:42 UTC

This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-06-12 03:39:40 UTC
Verified By
Rollup News
DeFi Development withdrew its $1 billion Form S-3 registration after the SEC found it ineligible due to a missing internal controls report. No securities were issued, and the company intends to refile in the future.
DeFi Development's withdrawal of its $1 billion Form S-3 registration
SEC's ineligibility determination due to a missing internal controls report
Company's plan to refile in the future
Missing required internal controls report in Form 10-K
SEC's determination of ineligibility
Delay in planned Solana purchase