DeFi Development Expands Equity Plans and Capital Flexibility

Shareholders approve increases to equity incentives, a new employee stock purchase plan, and larger authorized stock to boost financing options.

Rich by Coin

2025-12-25

At its 2025 Annual Meeting of Stockholders held on December 18, 2025, DeFi Development Corp. secured shareholder approval for measures aimed at expanding its equity compensation capacity and overall capital structure flexibility. The company approved an amendment to the 2023 Equity Incentive Plan increasing the pool of shares available for issuance by 1.5 million to a total of 5 million shares, and also approved a new 2025 Employee Stock Purchase Plan with an initial 250,000-share reserve and an automatic annual share increase mechanism through 2035.

Investors ratified the appointment of Wolf & Company, P.C. as the independent auditor for 2025 and re-elected five directors to the board. They also passed charter amendments significantly raising the company’s authorized common stock to 1 billion shares and authorized preferred stock to 1 billion shares, moves that collectively enhance the company’s ability to issue equity, fund operations, and use stock-based incentives to attract and retain employees and potentially pursue future financing or strategic transactions.