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DeFi Development Corp. to Host X Spaces Event: “Our First SPS Forecast, Convertible Note Breakdown, & Company Update”
GlobeNewswire News Room· 2025-07-14 20:00
Company Overview - DeFi Development Corp. (Nasdaq: DFDV) is hosting a live X Spaces conversation on July 15, 2025, to discuss its inaugural guidance release, Convertible Note offering, and other business updates [1] - The company has adopted a treasury policy that allocates its principal holding to Solana (SOL), providing investors with direct economic exposure to SOL while participating in the growth of the Solana ecosystem [4] - DeFi Development Corp. operates its own validator infrastructure, generating staking rewards and fees from delegated stake, and is engaged in decentralized finance (DeFi) opportunities [4] Financial Guidance and Convertible Note - The upcoming session will provide an overview of DFDV's first-ever financial guidance, including key metrics and strategic priorities [8] - Insights into the structure and rationale of the Convertible Note will be discussed, highlighting its implications for growth and balance sheet flexibility [8] Audience Engagement - The event will include a live Q&A with DFDV executives, allowing for discussions on the company's vision, milestones, and future plans [8]
Vireo Growth Inc. Announces Retirement of November 2024 Convertible Note
Globenewswire· 2025-07-09 12:30
Core Points - Vireo Growth Inc. announced the retirement of a US$10 million convertible note originally issued on November 1, 2024, and concurrently issued a new US$10 million convertible note as part of its refinancing initiatives [1] - The repayment and issuance of the convertible notes are classified as a "related party transaction" under Multilateral Instrument 61-101, exempting them from formal valuation and minority shareholder approval requirements [2] - The new convertible note was issued under exemptions from the registration requirements of the U.S. Securities Act and applicable Canadian and U.S. state securities laws [3] Company Overview - Vireo Growth Inc. was founded in 2014 as a pioneer in the medical cannabis industry, focusing on building a disciplined and execution-oriented platform while leveraging a national portfolio [4]
Maxim Power Corp. Announces that it has Closed the Sale of Summit Coal
Globenewswire· 2025-04-30 00:58
The Convertible Note matures on April 29, 2027, and is convertible at MAXIM's election into common shares of Valory upon a convertible event, being a sale, equity raise or maturity and converts at a 30% discount to the corresponding share valuation at the event. Summit was sold with $2.2 million of restricted cash, resulting in net cash proceeds to MAXIM of $8.0 million. The Convertible Note may be redeemed by Valory at any time. On April 29, 2025, MAXIM and Summit entered into an agreement such that MAXIM ...