DFDVW

These are warrants issued by DeFi Development Corp., representing derivative securities that give holders the right to purchase common stock at a predetermined price within a specified period. Each warrant typically allows the purchase of one share of common stock at the exercise price, usually set above the current market price at issuance. Warrants are often issued alongside SPAC securities to make the initial offering more attractive to investors. The value of these warrants depends on the underlying stock price, time to expiration, and the likelihood of a successful business combination.