DeFi Development Board of Directors approves proposed stock split of common stock

Mars Finance News, on May 8, an official announcement revealed that the NASDAQ-listed company DeFi Development Corp. announced that its board of directors has approved a stock split of the company's issued and outstanding common shares. The stock split will result in each shareholder receiving six additional shares for every one share held as of the close of trading on May 19, 2025. Since the company's stock is traded on NASDAQ, the stock trading platform needs to provide final approval. If approved, the stock will begin trading on a split-adjusted basis on May 20. After the split, the company's outstanding shares will increase from 2,011,887 to approximately 14,083,209 shares. The company's authorized capital will remain unchanged.