DeFi Technologies Inc. Offers $100M in Shares and Warrants
DeFi Technologies Inc., a fintech bridging traditional markets and decentralized finance, has announced a significant offering. The company is set to sell shares and warrants, with an expected closing on September 26, 2025.
The offering comprises 45,662,101 shares of common stock and warrants for an additional 34,246,577 shares. The purchase price is US$2.19 per share and three-quarters of one warrant. The warrants have an exercise price of US$2.63 per share, a 120% premium to the offering price, and will expire 3 years from issuance.
The offering is being made under a short form base shelf prospectus dated September 4, 2025, filed with securities regulatory authorities in the USA and Canada. The gross proceeds to the company will be US$100,000,000, intended for general corporate purposes including funding working capital. The offering is subject to customary closing conditions and regulatory approvals. Joseph Gunnar & Co., LLC is serving as the exclusive placement agent in connection with the offering. Copies of the prospectus supplement and the base shelf prospectus are available on SEDAR+ and EDGAR.
DeFi Technologies Inc. has entered into a securities purchase agreement with several institutional investors, led by Galaxy Digital, for this offering. The company aims to raise US$100,000,000 to fund general corporate purposes, with the offering expected to close on September 26, 2025, subject to customary closing conditions and regulatory approvals.
