According to TechFlame, the Nasdaq-listed company DeFi Development (DFDV) announced that it will pay a special dividend in the form of warrants to common shareholders up to October 23, 2025. Based on the shares of common shares and convertible senior notes currently issued, the company is expected to distribute up to about 3.3 million warrants. Each warrant will give the holder the right to subscribe for one common share at an exercise price of $22.5. Assuming all shareholders exercise the warrants, the company will receive $73.5 million in funding to acquire SOL and working capital.