{"schema_version":"secwatch.filing_event.v1","accession":"0001805526-26-000098","form_type":"8-K","ticker":"DFDV","cik":"0001805526","company_name":"DeFi Development Corp.","filed_at":"2026-09-08T14:01:42+00:00","discovered_at":"2026-09-08T14:03:01.923160+00:00","generated_at":"2026-09-08T14:03:22.466716+00:00","sec_items":["1.01","3.03","5.03","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"DeFi Development Corp raises $11M in CHAD preferred offering to buy SOL","bullets":["Priced 1,375,000 CHAD preferred shares at $8.00/share; gross proceeds ~$11.0M, net ~$10.3M; closed Sept 8, 2026.","CHAD pays cumulative variable dividends, initial 13% p.a., monthly adjustments capped at 50bp reductions; first dividend Oct 1, 2026.","Net proceeds to acquire SOL, working capital, strategic initiatives; company targets SOL treasury accumulation.","Dividend reserve of $1.30/share (~$1.79M) set aside for first 12 months of dividend payments.","30-day underwriter option for 206,250 additional shares; R.F. Lafferty & Co., Inc. sole book-runner."],"urls":{"canonical":"https://secwatch.observer/filing/0001805526-26-000098","json":"https://secwatch.observer/filing/0001805526-26-000098.json","markdown":"https://secwatch.observer/filing/0001805526-26-000098.md","text":"https://secwatch.observer/filing/0001805526-26-000098.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1805526/000180552626000098/0001805526-26-000098-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1805526/000180552626000098/dfdv-20260903.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-09-08T14:03:22.466716+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"}