{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-101206","form_type":"8-K","ticker":"DFDV","cik":"0001805526","company_name":"DeFi Development Corp.","filed_at":"2025-10-22T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.521579+00:00","generated_at":"2026-05-17T02:47:56.555055+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"DeFi Development Corp. elects new director, details warrant dividend terms","bullets":["Thomas Perfumo elected to board, filling vacancy from Marco Santori; granted 7,000 RSUs vesting quarterly over one year.","Warrant dividend: one warrant per 10 common shares as of Oct 23, 2025 record date; also to holders of certain convertible notes.","Exercise price $22.50; expires Jan 21, 2028, but early if VWAP >= $27 for 20 of 30 consecutive trading days.","Distribution on or about Oct 27, 2025; warrants expected to trade on Nasdaq under DFDVW.","Proceeds from exercise used for general corporate purposes including acquisition of SOL and working capital."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-101206","json":"https://secwatch.observer/filing/0001213900-25-101206.json","markdown":"https://secwatch.observer/filing/0001213900-25-101206.md","text":"https://secwatch.observer/filing/0001213900-25-101206.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1805526/000121390025101206/0001213900-25-101206-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1805526/000121390025101206/ea0262083-8k_defi.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T02:47:56.555055+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}