Core Viewpoint - DeFi Technologies Inc. is facing significant legal challenges following a decline in stock price due to disappointing financial results and operational issues related to its arbitrage trading strategy [1][3][5]. Group 1: Financial Performance - On November 6, 2025, DeFi reported that its digital asset treasuries had absorbed or delayed a significant share of arbitrage opportunities, leading to a stock price drop of $0.13, or 7.4%, closing at $1.62 per share [2]. - The company subsequently reported a nearly 20% revenue decline in its third quarter 2025 results and significantly lowered its 2025 revenue forecast, attributing this to delays in executing its arbitrage strategy and increased competition [3]. - Following the financial results announcement, DeFi's stock price fell by $0.40, or 27.6%, over two trading days, closing at $1.05 per share [4]. Group 2: Legal Action - A class action lawsuit has been filed on behalf of investors who purchased DeFi securities during the class period from May 12, 2025, to November 14, 2025, alleging that the company made materially false and misleading statements regarding its business and financial prospects [1][5]. - The lawsuit claims that DeFi failed to disclose delays in its arbitrage strategy, underestimated competition from other digital asset trading companies, and downplayed the negative impact of these issues on its financial results [5]. - Investors are reminded of the January 30, 2026, deadline to file a lead plaintiff motion in this class action [1][6].
Deadline Alert: DeFi Technologies Inc. (DEFT) Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit