DeFi Development Withdraws $1 Billion Offering After SEC Filing Issues

According to PANews, DeFi Development, formerly known as Janover, has withdrawn its $1 billion shelf offering following issues with its SEC filing. The company failed to include a management report on internal controls in its 10-K form, prompting the withdrawal. A portion of the funds was initially intended for the purchase of Solana. DeFi Development plans to resubmit the offering application in the future.