Not independent
Tenure on this board
1.2 yrs
5 nominees · 6 ballot items.
Six proposals are being voted on at DeFi Development Corp.'s 2025 Annual Meeting: Proposal 1—Election of five directors; Proposal 2—Ratification of the accountants (Wolf & Company) for 2025; Proposal 3—Amendment to the 2023 Equity Incentive Plan to increase the share reserve to 5,000,000; Proposal 4—Amendment to the Certificate of Incorporation to increase authorized Common Stock to 1,000,000,000; Proposal 5—Amendment to the Certificate of Incorporation to increase authorized Preferred Stock to 1,000,000,000; Proposal 6—Approval of the 2025 Employee Stock Purchase Plan.
Election of five directors to serve until the next annual meeting, with directors elected by a plurality of votes cast; Board recommends voting for all director nominees.
Ratify Wolf & Company, P.C. as the Company's independent registered public accounting firm for the 2025 fiscal year; disclosure of prior auditor and related fees.
Amend the 2023 Equity Incentive Plan to increase the reserve of shares available for awards to 5,000,000 (with 3,500,000 existing authorization and specific available shares noted in the filing).
Amend the Certificate of Incorporation to increase authorized Common Stock to 1,000,000,000; after approval, a Certificate of Amendment will be filed with Delaware.
Amend the Certificate of Incorporation to increase authorized Preferred Stock to 1,000,000,000; permits designation of future preferred stock and potential impacts on dilution.
Approve the 2025 ESPP; authorizes 250,000 shares for purchase, with automatic annual increases and administration by the ESPP Committee.
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | VANGUARD CAPITAL MANAGEMENT LLC | 3.65% | 1,099,337 | $4M |
| 2 | BlackRock, Inc. | 0.95% | 287,202 | $945K |
| 3 | TWO SIGMA INVESTMENTS, LP | 0.95% | 285,800 | $940K |
| 4 | Alyeska Investment Group, L.P. | 0.89% | 268,522 | $883K |
| 5 | UBS Group AG | 0.72% | 215,650 | $709K |
| 6 | GEODE CAPITAL MANAGEMENT, LLC | 0.70% | 211,559 | $697K |
| 7 | MILLENNIUM MANAGEMENT LLC | 0.68% | 203,979 | $671K |
| 8 | DeepCurrents Investment Group LLC | 0.51% | 152,257 | $501K |
| 9 | VANGUARD FIDUCIARY TRUST CO | 0.50% | 149,715 | $493K |
| 10 | GROUP ONE TRADING LLC | 0.47% | 142,872 | $470K |
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