secwatch.observer — SEC 8-K summary
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Issuer:     DeFi Development Corp. (DFDV)
CIK:        0001805526
Form:       8-K
Filed at:   2026-09-11T21:27:46+00:00
Accession:  0001805526-26-000104
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DeFi Development Corp. signs ATM agreement to sell up to 30M Series C Preferred shares
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- Entered Sales Agreement with R.F. Lafferty for up to 30,000,000 shares of Variable Rate Series C Perpetual Preferred Stock (CHAD) via ATM.
- Certificate of Amendment filed Sept 8, 2026 increased authorized CHAD shares from 2,220,000 to 32,200,000.
- Net proceeds to be used for general corporate purposes, including working capital and acquiring Solana (SOL) digital assets.
- Agent commission up to 0.75% of gross proceeds; sales under effective S-3 (333-295142) with prospectus supplement filed Sept 11, 2026.
- Company has no obligation to sell; either party may terminate on 10 days' notice.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1805526/000180552626000104/0001805526-26-000104-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1805526/000180552626000104/dfdv-20260911.htm
  HTML page:      https://secwatch.observer/filing/0001805526-26-000104

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