---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-111256"
form_type: "8-K"
ticker: "DFDV"
cik: "0001805526"
company_name: "DeFi Development Corp."
filed_at: "2025-08-26T23:59:59+00:00"
generated_at: "2026-05-17T09:59:32.998897+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# DeFi Development Corp. raises $125M via equity offering for Solana treasury growth

## Summary
- Raised $125M: 4.2M shares at $12.50/share and 5.7M pre-funded warrants at $12.4999.
- Close Aug 28, 2025; proceeds ~$92.5M cash + ~$32.5M locked Solana (SOL).
- Funds to expand Solana treasury; management says transaction is NAV/share and SPS accretive.
- Cantor Fitzgerald sole placement agent; total capital raised YTD exceeds $370M.
- Controlling stockholders approved warrant shares via written consent; info statement to follow.

## SEC filing metadata
- accession: 0000950170-25-111256
- form_type: 8-K
- ticker: DFDV
- cik: 0001805526
- company_name: DeFi Development Corp.
- filed_at: 2025-08-26T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1805526/000095017025111256/0000950170-25-111256-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1805526/000095017025111256/dfdv-20250824.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-111256
- JSON: https://secwatch.observer/filing/0000950170-25-111256.json
- Plain text: https://secwatch.observer/filing/0000950170-25-111256.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.