---
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"
generated_at: "2026-09-08T14:03:22.466716+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# DeFi Development Corp raises $11M in CHAD preferred offering to buy SOL

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 3.03, 5.03, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001805526-26-000098
- JSON: https://secwatch.observer/filing/0001805526-26-000098.json
- Plain text: https://secwatch.observer/filing/0001805526-26-000098.txt

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