DLA Piper advised the initial purchasers, led by Cantor Fitzgerald & Co. as sole book-running manager, in an offering of US$122.5 million aggregate principal amount of 5.5% convertible senior notes due 2030 for DeFi Development Corp.
The core deal team was co-led by Partners Stephen Alicanti (New York) and Anna Spence (Raleigh), and included Associates Gina Lee (Raleigh), Jenna Fontenot (Miami), and Tarquin McGurrin (Short Hills). Partner Marc Horwitz (Chicago) and Associate Una Draganic (Los Angeles) advised on equity derivatives matters. The team received support from Partners Kristin Boggiano (New York), Terry Davis (Atlanta), William Bartow (Philadelphia), Kurt Weaver (Boston), and Brad Rock (San Francisco); Of Counsel Priya Narahari (Philadelphia); and Associate Molly Patricia McBride (Los Angeles).
DLA Piper’s global capital markets team represents issuers and underwriters in registered and unregistered equity, equity-linked and debt capital markets transactions, including initial public offerings, follow-on equity offerings, equity-linked securities offerings, and offerings of investments grade and high-yield debt securities.