{"schema_version":"secwatch.filing_event.v1","accession":"0001805526-26-000083","form_type":"8-K","ticker":"DFDV","cik":"0001805526","company_name":"DeFi Development Corp.","filed_at":"2026-09-01T13:22:37+00:00","discovered_at":"2026-09-01T13:24:02.383714+00:00","generated_at":"2026-09-01T13:24:11.746720+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"DeFi Development Corp. plans $20M preferred stock IPO with 13% dividend yield","bullets":["Up to $20M of Variable Rate Series C Perpetual Preferred Stock ('CHAD Stock') IPO; underwriter 30-day option for 15% more.","Stated value $10/share; cumulative dividends at variable annual rate, initial 13%, payable daily; first dividend Oct 1, 2026.","Dividend reserve funded with $1.30/share (12 months of dividends) from existing cash/digital assets.","Net proceeds for general corporate purposes: working capital, SOL and digital asset investments, strategic transactions, growth.","Sole book-runner R.F. Lafferty & Co.; offering via effective Form S-3."],"urls":{"canonical":"https://secwatch.observer/filing/0001805526-26-000083","json":"https://secwatch.observer/filing/0001805526-26-000083.json","markdown":"https://secwatch.observer/filing/0001805526-26-000083.md","text":"https://secwatch.observer/filing/0001805526-26-000083.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1805526/000180552626000083/0001805526-26-000083-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1805526/000180552626000083/dfdv-20260831.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-09-01T13:24:11.746720+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"}