DeFi Development has withdrawn its $1 billion IPO offering due to a missing management report on internal controls in its 10-K form; part of the funds were earmarked for the acquisition of Solana (SOL). The company plans to refile in the future.
*This is not investment advice.
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Source: https://en.bitcoinsistemi.com/breaking-company-that-previously-announced-plans-to-purchase-1-billion-of-this-altcoin-withdraws-application/