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  • 15/06/2025 5:41 AM

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BREAKING: Company that Previously Announced Plans to Purchase $1 Billion of This Altcoin Withdraws Application

Jun 11, 2025

DeFi Development has withdrawn its $1 billion IPO offering due to a missing management report on internal controls in its 10-K form; part of the funds were earmarked for the acquisition of Solana (SOL). The company plans to refile in the future.

*This is not investment advice.

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