DeFi Development board, majority holders back Nevada reincorporation conversion

DeFi Development

DeFi Development

DFDV

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  • DeFi Development’s board unanimously backed a Delaware-to-Nevada reincorporation by conversion, targeting an effective date around June 25, 2026.
  • Holders of about 81.79% of voting power executed written consent on May 26, 2026, clearing the conversion without a stockholder meeting.
  • Common stock and Series A Preferred Stock will convert 1-for-1 into Nevada shares; Nasdaq listing and ticker DFDV expected to continue uninterrupted.
  • Board authorized required state filings and related documents, including a supplemental indenture to align the 5.50% Convertible Senior Notes due 2030.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DeFi Development Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-065512), on June 05, 2026, and is solely responsible for the information contained therein.