secwatch.observer — SEC 8-K summary
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Issuer:     DeFi Development Corp. (DFDV)
CIK:        0001805526
Form:       8-K/A
Filed at:   2025-07-22T23:59:59+00:00
Accession:  0001213900-25-066735
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DeFi Dev Corp. corrects SOL purchase overstatement; holds 999,999 SOL as of July 20
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- Corrected: SOL purchase amount overstated by 1,000 SOL; organic growth understated by 1,000 SOL; total holdings unchanged at 999,999 SOL.
- Purchased 140,383 SOL July 14-20 at avg $133.53, total ~$19M, funded via ELOC proceeds; holdings valued at ~$181M.
- ELOC raised $19.2M net from 740,000 shares; $4.98B remains available (0.4% drawn).
- SPS 0.0514 (~$9.30), up 13% week-over-week; organic staking rewards of 1,867 SOL earned.
- Total SOL equivalents 999,999; shares outstanding 19,445,837 as of July 18.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1805526/000121390025066735/0001213900-25-066735-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1805526/000121390025066735/ea0249934-8ka_defi.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-066735

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