---
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"
generated_at: "2026-09-01T13:24:11.746720+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# DeFi Development Corp. plans $20M preferred stock IPO with 13% dividend yield

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001805526-26-000083
- JSON: https://secwatch.observer/filing/0001805526-26-000083.json
- Plain text: https://secwatch.observer/filing/0001805526-26-000083.txt

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