DeFi Development Corp. completes CHAD preferred stock IPO pricing, expected to raise $11 million

DeFi Development Corp. announced that its Series C preferred stock CHAD Stock has been priced at $8 per share on September 3, with a total issuance of 1.375 million shares and an expected fundraising of $11 million. The raised funds will be used to purchase SOL and other digital assets, strategic transactions, and growth plans.