---
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"
generated_at: "2026-05-17T02:47:56.555055+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# DeFi Development Corp. elects new director, details warrant dividend terms

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-101206
- JSON: https://secwatch.observer/filing/0001213900-25-101206.json
- Plain text: https://secwatch.observer/filing/0001213900-25-101206.txt

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