Corporate ActionJun 26, 2026, 09:01 AM
DeFi Development Corp. Reincorporates to Nevada
AI Summary
DeFi Development Corp. (DFDV) announced its reincorporation from the State of Delaware to the State of Nevada, effective June 26, 2026. This change means the company's internal affairs are now governed by Nevada law and its new corporate documents. The reincorporation did not result in any changes to its headquarters, business, management, assets, liabilities, or material contracts. All outstanding shares and equity rights automatically converted to the Nevada corporation's equivalent, and the stock continues to trade on Nasdaq under "DFDV."
Key Highlights
- DeFi Development Corp. reincorporated from Delaware to Nevada, effective June 26, 2026, at 3:01 a.m. ET.
- The company's internal affairs are now governed by Nevada law and its new articles of incorporation and bylaws.
- The reincorporation did not change headquarters, business, jobs, management, assets, or liabilities.
- Outstanding Delaware common and Series A Preferred stock automatically converted to Nevada stock on a 1:1 basis.
- Stockholders do not need to exchange existing book-entry shares.
- Outstanding stock options, restricted shares, and other rights converted to acquire Nevada common stock under same terms.
- Nevada common stock continues to trade on Nasdaq under the symbol "DFDV".
Price Impact
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