secwatch.observer — SEC 8-K summary
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Issuer:     DeFi Development Corp. (DFDV)
CIK:        0001805526
Form:       8-K
Filed at:   2023-09-07T23:59:59+00:00
Accession:  0001213900-23-075027
Event type: leadership
Sentiment:  positive
Materiality: 0.60
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Janover appoints Bruce Rosenbloom, CPA as CFO; Patrick Stinus resigns as interim CFO
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- Bruce Rosenbloom appointed CFO effective Sept 7, 2023; previously CFO of PetMed Express (PETS) for 22 years.
- Base salary set at $200K (2023), $250K (2024), $300K (2025); eligible for up to 40% performance bonus.
- Awarded RSU for 225,000 shares vesting 25% on 1-year anniversary, then monthly over 36 months.
- Patrick Stinus resigned as SVP and Interim CFO on Sept 6, 2023; no disagreement with company.
- Rosenbloom led PetMed revenue from $10M (2001) to $273M (2022) and net income from $3M to $21M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1805526/000121390023075027/0001213900-23-075027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1805526/000121390023075027/ea184849-8k_janover.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-075027

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer