Form 8-K

8-K — DeFi Development Corp.

Accession: 0001213900-26-100373

Filed: 2026-09-16

Period: 2026-09-15

CIK: 0001805526

SIC: 6199 (FINANCE SERVICES)

Item: Other Events

Documents

8-K — ea0305671-8k_defi.htm (Primary)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K — CURRENT REPORT

8-K (Primary)

Filename: ea0305671-8k_defi.htm · Sequence: 1

false

0001805526

2026-09-15

0001805526

DFDV:CommonStockParValue0.00001PerShareMember

2026-09-15

0001805526

DFDV:WarrantsEachWarrantExercisableForOneShareOfCommonStockMember

2026-09-15

0001805526

DFDV:VariableRateSeriesCPerpetualPreferredStockParValue0.00001PerShareMember

2026-09-15

iso4217:USD

xbrli:shares

iso4217:USD

xbrli:shares

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported):

September 15, 2026

DEFI DEVELOPMENT CORP.

(Exact name of registrant as specified in its charter)

Nevada

001-41748

83-2676794

(State or other jurisdiction

of incorporation)

(Commission File Number)

(IRS Employer

Identification Number)

6401 Congress Avenue, Suite 250

Boca Raton, FL

33487

(Address of registrant’s principal executive offices)

(Zip code)

(561) 559-4111

(Registrant’s telephone number, including

area code)

Not Applicable

(Former name or former address, if changed since

last report)

Check the appropriate box below if the Form 8-K

filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General

Instruction A.2. below):

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading symbol(s)

Name of each exchange on which registered

Common Stock, par value $0.00001 per share

DFDV

The Nasdaq Stock Market LLC

Warrants, each warrant exercisable for one share of Common Stock

DFDVW

The Nasdaq Stock Market LLC

Variable Rate Series C Perpetual Preferred Stock, par value $0.00001 per share

CHAD

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant

is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the

Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check

mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting

standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01 Other Events.

Cash Dividend Declaration

On September 15, 2026, as contemplated by the

prospectus supplement for the initial public offering of the Variable Rate Series C Perpetual Preferred Stock, par value $0.00001 per

share (“CHAD Stock”), DeFi Development Corp. (the “Company”) announced that its board of directors declared cash

dividends of $0.07944 per share of CHAD Stock for the period between the issuance of CHAD on September 8, 2026 to October 1, 2026 and

also declared daily cash dividends of $0.00516 per share of CHAD Stock for each business day for the period from October 1, 2026 through

October 30, 2026, as listed in the table below (21 business days in the aggregate), which represents a per annum dividend rate of 13.00%

on the CHAD Stock. Daily payments will be made to stockholders of record of CHAD Stock at the close of business on the immediately preceding

business day.

Record date

Payment date

Dividend

September 30, 2026(1)

October 1, 2026

$ 0.07944

October 1, 2026

October 2, 2026

$ 0.00516

October 2, 2026

October 5, 2026

$ 0.00516

October 5, 2026

October 6, 2026

$ 0.00516

October 6, 2026

October 7, 2026

$ 0.00516

October 7, 2026

October 8, 2026

$ 0.00516

October 8, 2026

October 9, 2026

$ 0.00516

October 9, 2026

October 13, 2026

$ 0.00516

October 13, 2026

October 14, 2026

$ 0.00516

October 14, 2026

October 15, 2026

$ 0.00516

October 15, 2026

October 16, 2026

$ 0.00516

October 16, 2026

October 19, 2026

$ 0.00516

October 19, 2026

October 20, 2026

$ 0.00516

October 20, 2026

October 21, 2026

$ 0.00516

October 21, 2026

October 22, 2026

$ 0.00516

October 22, 2026

October 23, 2026

$ 0.00516

October 23, 2026

October 26, 2026

$ 0.00516

October 26, 2026

October 27, 2026

$ 0.00516

October 27, 2026

October 28, 2026

$ 0.00516

October 28, 2026

October 29, 2026

$ 0.00516

October 29, 2026

October 30, 2026

$ 0.00516

October 30, 2026

November 2, 2026

$ 0.00516

(1) Represents the period between the issuance of CHAD on September

8, 2026 until October 1, 2026.

United States Federal Income Tax Considerations

From a U.S. federal income tax perspective, to

the extent distributions on the CHAD Stock are not treated as being made out of the Company's accumulated or current earnings and profits,

they will, in the case of a U.S. holder, be treated first as a tax-free return of capital (“ROC”) to the extent of a U.S.

Holder’s adjusted tax basis in the CHAD Stock, and thereafter as capital gain which will be long-term capital gain if such U.S.

Holder’s holding period for the stock exceeds one year at the time of the distribution and, in the case of a non-U.S. holder, generally

will not be subject to U.S. federal income or withholding tax with respect to gain, if any, recognized in connection with the non-U.S.

holder’s receipt of such distribution. Non-U.S. holders should review the disclosure under “—Material United States

Federal Income Tax Considerations” in the prospectus supplement dated August 31, 2026. While there is no assurance that the Company

will (or will not) have sufficient current or accumulated E&P to cause that any of our distributions are treated as dividends, a ROC

or otherwise, the Company does not have any accumulated earnings and profits and does not expect to generate current earnings and profits

in the current year or the foreseeable future.

For purposes of this discussion, a “U.S.

holder” means a beneficial owner of the CHAD Stock that for U.S. federal income tax purposes is:

● an

individual who is a citizen or resident of the United States;

● a

corporation or other entity treated as a corporation for U.S. federal income tax purposes

that is created or organized in or under the laws of the United States, any state thereof

or the District of Columbia;

● an

estate the income of which is subject to U.S. federal income taxation regardless of its source;

● a

trust if (a) a court within the United States is able to exercise primary control over its

administration and one or more United States persons (as defined in the Code) have the authority

to control all substantial decisions of such trust or (b) the trust has validly elected to

be treated as a United States person.

For

the purposes of this discussion, a ”non-U.S. holder” means a beneficial owner of the CHAD Stock that is not a U.S.

holder nor a partnership (including any entity or arrangement that is treated as a partnership for U.S. federal income tax purposes).

SIGNATURES

Pursuant to the requirements of the Securities

Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: September 16, 2026

DEFI DEVELOPMENT CORP.

By:

/s/ Joseph Onorati

Name:

Joseph Onorati

Title:

Chairman & CEO

XML — IDEA: XBRL DOCUMENT

XML

Filename: R1.htm · Sequence: 7

v3.26.3

Cover

Sep. 15, 2026

Document Type

8-K

Amendment Flag

false

Document Period End Date

Sep. 15, 2026

Entity File Number

001-41748

Entity Registrant Name

DEFI DEVELOPMENT CORP.

Entity Central Index Key

0001805526

Entity Tax Identification Number

83-2676794

Entity Incorporation, State or Country Code

Entity Address, Address Line One

6401 Congress Avenue

Entity Address, Address Line Two

Suite 250

Entity Address, City or Town

Boca Raton

Entity Address, State or Province

Entity Address, Postal Zip Code

33487

City Area Code

561

Local Phone Number

559-4111

Written Communications

false

Soliciting Material

false

Pre-commencement Tender Offer

false

Pre-commencement Issuer Tender Offer

false

Entity Emerging Growth Company

true

Elected Not To Use the Extended Transition Period

false

Common Stock, par value $0.00001 per share

Title of 12(b) Security

Common Stock, par value $0.00001 per share

Trading Symbol

DFDV

Security Exchange Name

NASDAQ

Warrants, each warrant exercisable for one share of Common Stock

Title of 12(b) Security

Warrants, each warrant exercisable for one share of Common Stock

Trading Symbol

DFDVW

Security Exchange Name

NASDAQ

Variable Rate Series C Perpetual Preferred Stock, par value $0.00001 per share

Title of 12(b) Security

Variable Rate Series C Perpetual Preferred Stock, par value $0.00001 per share

Trading Symbol

CHAD

Security Exchange Name

NASDAQ

- Definition

Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.

+ References

No definition available.

+ Details

Name:

dei_AmendmentFlag

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Area code of city

+ References

No definition available.

+ Details

Name:

dei_CityAreaCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

+ References

No definition available.

+ Details

Name:

dei_DocumentPeriodEndDate

Namespace Prefix:

dei_

Data Type:

xbrli:dateItemType

Balance Type:

Period Type:

duration

- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

+ References

No definition available.

+ Details

Name:

dei_DocumentType

Namespace Prefix:

dei_

Data Type:

dei:submissionTypeItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 1 such as Attn, Building Name, Street Name

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine1

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 2 such as Street or Suite number

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine2

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the City or Town

+ References

No definition available.

+ Details

Name:

dei_EntityAddressCityOrTown

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Code for the postal or zip code

+ References

No definition available.

+ Details

Name:

dei_EntityAddressPostalZipCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the state or province.

+ References

No definition available.

+ Details

Name:

dei_EntityAddressStateOrProvince

Namespace Prefix:

dei_

Data Type:

dei:stateOrProvinceItemType

Balance Type:

Period Type:

duration

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityCentralIndexKey

Namespace Prefix:

dei_

Data Type:

dei:centralIndexKeyItemType

Balance Type:

Period Type:

duration

- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityEmergingGrowthCompany

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Indicate if an emerging growth company has elected not to use the extended transition period for complying with any new or revised financial accounting standards.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 7A

-Section B

-Subsection 2

+ Details

Name:

dei_EntityExTransitionPeriod

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

+ References

No definition available.

+ Details

Name:

dei_EntityFileNumber

Namespace Prefix:

dei_

Data Type:

dei:fileNumberItemType

Balance Type:

Period Type:

duration

- Definition

Two-character EDGAR code representing the state or country of incorporation.

+ References

No definition available.

+ Details

Name:

dei_EntityIncorporationStateCountryCode

Namespace Prefix:

dei_

Data Type:

dei:edgarStateCountryItemType

Balance Type:

Period Type:

duration

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityRegistrantName

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityTaxIdentificationNumber

Namespace Prefix:

dei_

Data Type:

dei:employerIdItemType

Balance Type:

Period Type:

duration

- Definition

Local phone number for entity.

+ References

No definition available.

+ Details

Name:

dei_LocalPhoneNumber

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

+ Details

Name:

dei_PreCommencementIssuerTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

+ Details

Name:

dei_PreCommencementTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

+ Details

Name:

dei_Security12bTitle

Namespace Prefix:

dei_

Data Type:

dei:securityTitleItemType

Balance Type:

Period Type:

duration

- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

+ Details

Name:

dei_SecurityExchangeName

Namespace Prefix:

dei_

Data Type:

dei:edgarExchangeCodeItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

+ Details

Name:

dei_SolicitingMaterial

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Trading symbol of an instrument as listed on an exchange.

+ References

No definition available.

+ Details

Name:

dei_TradingSymbol

Namespace Prefix:

dei_

Data Type:

dei:tradingSymbolItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

+ Details

Name:

dei_WrittenCommunications

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Details

Name:

us-gaap_StatementClassOfStockAxis=DFDV_CommonStockParValue0.00001PerShareMember

Namespace Prefix:

Data Type:

Balance Type:

Period Type:

- Details

Name:

us-gaap_StatementClassOfStockAxis=DFDV_WarrantsEachWarrantExercisableForOneShareOfCommonStockMember

Namespace Prefix:

Data Type:

Balance Type:

Period Type:

- Details

Name:

us-gaap_StatementClassOfStockAxis=DFDV_VariableRateSeriesCPerpetualPreferredStockParValue0.00001PerShareMember

Namespace Prefix:

Data Type:

Balance Type:

Period Type: