secwatch.observer — SEC 8-K summary
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Issuer:     DeFi Development Corp. (DFDV)
CIK:        0001805526
Form:       8-K
Filed at:   2026-05-13T21:10:35+00:00
Accession:  0001805526-26-000031
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DeFi Development Corp. Q1 SPS up 108% YoY to 0.0670; repurchases $4.4M converts at 41% discount
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- SOL per share of 0.0670 as of May 13, 2026, up 108% y/y and 1% from March 30, 2026.
- Repurchased ~$4.4M principal of July 2030 Convertible Notes for ~$2.6M cash (41% discount to par).
- Total SOL and SOL equivalents of 2,294,576, up 3% from March 30, 2026.
- Reaffirmed June 2026 SPS guidance of 0.075 (fully converted); long-term target 1.0 SPS by Dec 2028 remains unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1805526/000180552626000031/0001805526-26-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1805526/000180552626000031/dfdv-20260513.htm
  HTML page:      https://secwatch.observer/filing/0001805526-26-000031

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