[DDC Enterprise Announces Initial Public Offering of Preferred Stock, Expected to Raise $24 Million] Odaily reports that DDC Enterprise has announced an initial public offering (IPO) of its preferred stock, SAVOR (SVOR), at an initial price of $20 per share, with an annual dividend yield of 13.5%, payable daily. The offering is expected to raise $24 million, which will be used to repay convertible notes, fund a dividend reserve account, and increase its Bitcoin holdings.