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DeFi Development temporarily withdrew its $1 billion securities issuance plan due to issues with the 10-K form.
PANews, June 12 news, according to SEC documents, the listed company DeFi Development (formerly Janover) withdrew its $1 billion shelf offering after failing to include a management report on internal controls in the 10-K form. Part of the funds was originally planned for purchasing Solana. The company plans to refile the offering application in the future.