REG - DEFI Dev Corp UK PLC - Update on Warrants

DeFi Development UKAnnouncement

Mon 08:30

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RNS Number : 4163G  DEFI Development Corporation UK PLC  01 June 2026

This announcement contains information which, prior to its disclosure, was
inside information as stipulated under Regulation 11 of the Market Abuse
(Amendment) (EU Exit) Regulations 2019/310 (as amended). Upon the publication
of this announcement via a Regulatory Information Service, this inside
information is now considered to be in the public domain.

01 June 2026
DeFi Development Corporation UK PLC

 

(the "Company")

 

Update on Warrants

 

DeFi Development Corporation UK PLC (LSE: DFDV and OTCQB: DFUKF) provides the
following update on the warrants, full details of which are set out in the
Company's announcement released on 28 August 2025 (which is available on the
Company's website at  https://dfdv.co.uk/investor?tab=regulatory-filings
(https://dfdv.co.uk/investor?tab=regulatory-filings) )

 

Background

 

On 28 August 2025, the Company announced a £2.8 million gross fundraise (the
"Fundraise") through a subscription for pre-paid warrants (the "Pre-Paid
Warrants") by a group of strategic investors, including DeFi Development Corp
(Nasdaq: DFDV) (the "Investors"). Subject to shareholder approval, the
Investors were also to receive cash warrants over new Ordinary Shares (the
"Investor Warrants" and, together with the Pre-Paid Warrants, the "Warrants").

 

The Warrants are not capable of exercise until certain conditions have been
satisfied ("Conditions"), the original deadline for which was 31 November
2025. Failing this, the Warrants would expire and be cancelled and the deposit
for the Pre-Paid Warrants would be repaid (less pre-agreed contributions to
transaction costs).

 

On 4 December 2025, the Company announced the cancellation of 5,000,000
Warrants and an agreement with certain Investors to extend the period for
satisfying the Conditions required before the Warrants can be exercised to 1
June 2026

 

Warrants Extension

 

The Company is pleased to announce that it has agreed with certain Investors
to further extend the period within which the Conditions may be satisfied to
22 June 2026.

 

Accordingly, the Warrants will only become exercisable once the Conditions
have been satisfied on or before 22 June 2026.

 

If the Conditions have not been satisfied by 22 June 2026, the Warrants will
expire and be cancelled, and the Company will have to repay the deposit for
the Pre-Paid Warrants to the relevant investors (less pre‑agreed
contributions to transaction costs).

 

The extension enables the Company to continue progressing discussions with
relevant stakeholders in relation to its strategic objectives and future
development.

 

For further information:

 

 DeFi Development Corporation UK PLC
 Michael Chan                              investors@defidevcorp.co.uk (mailto:)

 Director

 First Sentinel (Financial Adviser)

 Brian Stockbridge                          +44 (0) 20 3855 5551

 Fortified Securities (Corporate Broker)
 Guy Wheatley                               +44 (0) 7493 989014

 

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