DeFi Development Corp. enters $200M ATM equity sales agreement; proceeds for Solana acquisition

DeFi Development Corp.

Up to $200M of common stock may be sold under at-the-market agreement with R.F. Lafferty & Co., effective May 1, 2026.
Net proceeds to be used for working capital, acquiring Solana (SOL) digital assets, and strategic initiatives.
Agent receives 0.75% cash commission on gross proceeds; company also reimburses certain expenses.
Sales will be made via effective S-3 registration (No. 333-276062); no obligation to sell any shares.
Either party may terminate the agreement upon 10 days' notice or earlier under specified conditions.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

DeFi Development Corp. entered into Sales Agreement with R.F. Lafferty & Co., Inc. valued at $200 million (effective 2026-05-01).

Action: entry
Agreement: atm program
Counterparty: R.F. Lafferty & Co., Inc.
Value: $200 million
Effective: 2026-05-01

Exact text from the filing

On May 1, 2026, DeFi Development Corp. (the “Company”) entered into a sales agreement (the “Sales Agreement”) with R.F. Lafferty & Co., Inc., acting as sales agent or principal (the “Agent”), pursuant to which the Company may offer and sell from time to time, through or to the Agent, up to an aggregate of $200 million of the Company’s common stock

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DeFi Development Corp. filing history →

Source: SEC EDGAR

accession 0001805526-26-000029

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