The Defi Vikas Corp has participated in a modest shock on its discovery to raise $ 1 billion to buy more solana after knocking back its S-3 filing by US Securities and Exchange Commission.
Nasdac-list firm Said On Wednesday, in a statement to the SEC that he wants to withdraw its previous registration details as the Commission found that it was not eligible to submit a Form S -3 after failing to include a management report on internal control on financial reporting before the due date.
The rising number of companies is receiving crypto for balance sheet, especially bitcoin (BTC), The cost of three million bitcoins with corporate bitcoin treasures is more than $ 342 billion, According For Bito data.
Solana procurement scheme not dead
Defi Vikas Corp said that the return of registration details is in line with “public interest and safety of investors”.
Despite a minor shock, Defa Development Corp said it would file a resale registration statement in future to increase capital.
Defee Development Corp Form S-3 Registration Details filed To use money for general corporate purposes with SEC on 25 April, including more solana (Fifth note of musical scale) Token acquisition.
At this time it was said that it could consider buying more solana with pure income from this purchase. However, it also warned that tokens can be converted into cash at low price by ups and downs in the price of Solana.
Connected: Solana firms stepped on staking, treasury and compliance
On 28 May AnnouncementThe firm also announced to adopt Solana Liquid stacking token And its part of its Solan Holdings was diverted to liquid staking token DFDVSOL.
Defef Development Corp Solana jumps on train
Defee Development Corp Was a real estate finance company It used the AI-powered online platform connecting lenders and commercial property buyers. Since then it has moved to become a Solana Treasury Company, with the first Purchase 2,858 Sol on 8 April.
The company made the 11th purchase of 16,447 Solana at an average price of $ 139.66 on 15 May, Increasing Its stand up to 609,190 soul, Worthy More than $ 97 million at current prices.
A team of former Crackon Exchange officials bought 728,632 shares of Defene Development Corp Common Stock on 7 April. Joseph Onorati, former Chief Strategy Officer of Crackon, has been appointed as Chairman and CEO since then.
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