DeFi Technologies Adjusts Equity Investments, Cites $102.5 Million Discount for Lack of Marketability
This is the first time that DeFi Technologies has corrected a significant error in its financial statements. This change consists primarily of applying a Discount for Lack of Marketability (DLOM) to its equity investments. According to the company’s recent public filings, these adjustments affect net loss. Aside from being non-cash...