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The vehicle is a perpetual preferred stock. (Nasdaq: DFDV) entered an at-the-market sales agreement with R.F.
on September 11, 2026, covering up to 30,000,000 shares of its Variable Rate Series C Perpetual Preferred Stock (Nasdaq: CHAD), proceeds earmarked partly for SOL acquisition.
Three days before the agreement was signed, the company quietly expanded CHAD's authorized share count from 2,220,000 to 32,200,000 shares, the expansion that made the offering's full scale possible.
Under the Sales Agreement, R.F. Lafferty acts as either sales agent or principal, directing CHAD shares into the open market at prevailing prices under Rule 415's at-the-market framework.
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