DeFi Technologies Inc. (NEOE:DEFI) signed a letter of intent to acquire Stillman Digital Inc. for approximately $3.08 million on July 9, 2024. DeFi Technologies will acquire all issued and outstanding securities of Stillman Digital in return for 2.5 million common shares of DeFi Technologies, with 1 million of the Payment Shares subject to a lock-up schedule and released quarterly over a period of a year. The parties intend to enter into a definitive agreement in respect of the Acquisition by July 31, 2024.