DeFi Technologies Inc., a pioneering financial technology company focused on integrating traditional capital markets with decentralized finance (DeFi), has announced a significant investment agreement with prominent institutional investors, spearheaded by Galaxy Digital. Under the terms of the securities purchase agreement, these investors will acquire a total of 45,662,101 shares of DeFi’s common stock, along with warrants allowing for the purchase of an additional 34,246,577 shares. Each share is priced at USD $2.19, while the warrants will have an exercise price of USD $2.63 per share, reflecting a 120% premium over the offering price.
The warrants are set to become exercisable immediately upon issuance and will reman valid for a period of three years from that date. Additionally, there is an acceleration feature dependent on share price appreciation and other factors, which could impact the timing of warrant exercises.
The closing of this offering is anticipated for September 26, 2025, pending customary closing conditions and receipt of regulatory approvals, which include endorsements from the Cboe Canada Exchange and notifications to the Nasdaq Capital Market Exchange.
Financial advisory services for this offering will be provided by Joseph Gunnar & Co., LLC, acting as the exclusive placement agent. The gross proceeds from this transaction are projected to be around USD $100 million, before considering placement agent fees and other expenses associated with the offering. The company plans to allocate the net proceeds towards general corporate purposes and working capital.
This offering is facilitated under DeFi Technologies’ short form base shelf prospectus filed on September 4, 2025, with various Canadian securities regulatory authorities, as well as a registration statement submitted to the U.S. Securities and Exchange Commission. Interested parties can find copies of the offering documents on SEDAR+ and EDGAR or request them directly from Joseph Gunnar & Co.
As a leading player in the DeFi landscape, DeFi Technologies is dedicated to providing investors a diversified exposure to the expanding decentralized economy. The company’s integrated business model encompasses several entities, including Valour, which offers regulated access to digital assets; Stillman Digital, focused on institutional-grade execution and custody; Reflexivity Research for insights into digital assets; Neuronomics developing quantitative trading strategies; and DeFi Alpha for internal trading initiatives.
Investors should be aware of the inherent risks associated with forward-looking information in this announcement. Factors such as regulatory approvals, investor acceptance, market fluctuations, and broader economic conditions may significantly influence actual outcomes, which could differ from current estimates. As such, stakeholders are advised to carefully consider these risks when evaluating this investment opportunity.
