BlockBeats News, June 13, according to official announcements, Nasdaq-listed company DeFi Development Corp. (Nasdaq ticker: DFDV) has entered into a $5 billion equity line of credit agreement with RK Capital Management. This agreement allows DeFi Dev to independently decide to sell shares, provided it meets certain conditions, such as filing a resale registration statement with the U.S. Securities and Exchange Commission. The company stated it will soon submit the required documents.
This will provide DFDV with the flexibility to raise funds at the most strategically advantageous times, supporting its continued accumulation of SOL and accelerating the growth of its "SOL Per Share" (SPS).