#Canada #Toronto #DeFi Technologies #common shares #Nasdaq DEFT

DeFi Technologies Unveils Normal Course Issuer Bid

On August 22, 2025, DeFi Technologies Inc., a pioneering financial technology entity that connects conventional capital markets with decentralized finance, announced its intention to start a Normal Course Issuer Bid (NCIB). This bid will allow the company to repurchase its common shares on the Nasdaq Capital Markets, CBOE Canada, and other Canadian alternative trading platforms.

The motivation behind this strategic move stems from the company's management's belief that the current market price of its common shares may not be accurately reflecting the intrinsic value of its business and growth prospects at various times. Through this NCIB, DeFi Technologies aims to enhance shareholder value by canceling shares when the market conditions are favorable. As of now, the organization boasts a cash reserve of approximately USD 19.8 million, providing a solid backing for this endeavor.

The NCIB has received endorsement from the company's board of directors and has been accepted by Cboe Canada. This initiative will commence on August 26, 2025, and will be executed in line with the regulations set forth by Cboe Canada and applicable Canadian securities laws. The completion of the NCIB is projected for August 26, 2026, although it may conclude earlier should all shares be repurchased prior to this date.

Under the terms of the NCIB, the company has set a maximum limit of purchasing its common shares amounting to 10% of the public float, providing a cap of 31,673,791 common shares, based on records from August 18, 2025. The pricing of these shares will align with the market price at the time they are purchased, and all shares acquired will subsequently be canceled by the company.

In accordance with the rules of Cboe Canada, the daily repurchase limit will not exceed 25% of the average daily trading volume recorded from February 18, 2025, to August 18, 2025.

To facilitate this initiative, DeFi Technologies has appointed Ventum Financial Corp. to oversee and manage the purchases made under the NCIB. This partnership aims to ensure a streamlined and efficient execution process.

About DeFi Technologies

DeFi Technologies Inc. is a notable entity listed on Nasdaq that stands at the forefront of blending traditional finance with decentralized finance. As the first of its kind, it provides diversified exposure to the decentralized economy via its integrated business strategies. This includes a range of subsidiaries:

• - Valour: Offers retail and institutional investors access to innovative digital assets through regulated exchange-traded products (ETPs).
• - Stillman Digital: Acts as a digital asset prime brokerage that emphasizes institutional-grade execution and custody.
• - Reflexivity Research: Delivers thorough research focused on the digital asset realm, providing investors with invaluable insights.
• - Neuronomics: This Swiss firm specializes in developing AI-powered quantitative trading strategies and infrastructure.
• - DeFi Alpha: The internal arbitrage and trading division of the company, focusing on opportunistic trading strategies.

DeFi Technologies, with its profound understanding of capital markets and emergent technologies, is paving the way for institutional access to finance's future landscape. For more information on the company, follow them on LinkedIn and X/Twitter, or visit their website at defi.tech.

Conclusion

DeFi Technologies’ decision to implement a Normal Course Issuer Bid demonstrates its commitment to maximizing shareholder value while navigating the evolving landscape of decentralized finance. As it prepares for the initiation of this bid, stakeholders will be keenly observing how this strategic maneuver impacts the company’s growth trajectory and market position in the diverse realm of financial technology.