Core Viewpoint - DeFi Technologies Inc. is facing a class action lawsuit due to significant declines in stock price and alleged misleading statements regarding its business operations and financial forecasts during the Class Period from May 12, 2025, to November 14, 2025 [1][5]. Financial Performance - On November 14, 2025, DeFi reported a revenue decline of nearly 20% and significantly lowered its 2025 revenue forecast, attributing this to delays in executing its arbitrage strategy and increased competition from other digital asset treasury companies [3]. - Following the announcement of the financial results, DeFi's stock price fell by $0.40, or 27.6%, closing at $1.05 per share on November 17, 2025 [4]. Company Operations - DeFi's specialized arbitrage trading desk, DeFi Alpha, indicated that its digital asset treasuries had absorbed or delayed a significant share of arbitrage opportunities over the past year, which contributed to the stock price decline of $0.13, or 7.4%, on November 6, 2025 [2]. - The CEO of DeFi announced a transition from his role to an advisory position, further impacting investor confidence [3]. Legal Proceedings - The class action lawsuit alleges that DeFi's management made materially false and misleading statements and failed to disclose critical information regarding the company's operational challenges and competitive landscape [5]. - Investors who purchased DeFi securities during the Class Period are encouraged to file a lead plaintiff motion by January 30, 2026, to participate in the lawsuit [6].
Deadline Alert: DeFi Technologies Inc. (DEFT) Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit