DeFi Development: LLC receives 271K common shares
The warrants held by DeFi International Holding, LLC have a $22.50 exercise price and expire January 21, 2028.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
DeFi Development Corp. (CHAD) reported a securities distribution involving SolSync Solutions Partnership and DeFi International Holding, LLC. On October 7, 2026, SolSync dissolved and distributed securities in kind to its two partners for no consideration. DeFi International Holding, LLC received 271,043 common shares and 27,104 warrants, the same amounts reported as its resulting holdings. CEO and Chairman Joseph Mario Onorati is a manager of the receiving LLC and may be deemed to beneficially own securities it holds.
Insider Trade Summary
Other: 596,294 shares
Other
6 txns
Insider
Onorati Joseph Mario
Role
CEO and Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Warrant (Right to buy) F1, F2 | 27,104 | $0.00 | $0.00 |
| Other | Warrant (Right to buy) F1, F3 | 27,104 | $0.00 | $0.00 |
| Other | Common Stock F1, F2 | 271,043 | $0.00 | $0.00 |
| Other | Common Stock F1, F3 | 271,043 | $0.00 | $0.00 |
| holding | Common Stock F4 | -- | -- | -- |
| holding | Series A Preferred Stock F4 | -- | -- | -- |
Holdings After Transaction:
Warrant (Right to buy) — 0 contracts (Indirect, By SolSync Solutions Partnership);
Warrant (Right to buy) — 27,104 contracts (Indirect, By DeFi International Holding, LLC);
Common Stock — 0 shares (Indirect, By SolSync Solutions Partnership);
Common Stock — 271,043 shares (Indirect, By DeFi International Holding, LLC);
Common Stock — 2,216,137 shares (Indirect, By 3277447 Nova Scotia Ltd);
Series A Preferred Stock — 4,500 shares (Indirect, By 3277447 Nova Scotia Ltd)
Footnotes (4)
- F1. On October 7, 2026, SolSync Solutions Partnership, an Alaska general partnership (the "Partnership"), dissolved and distributed all of the securities of the Issuer that it held to its two partners in kind, in complete liquidation of their partnership interests and in proportion to their respective percentage interests, for no consideration. Mr. Onorati previously reported only the securities held by the Partnership in which he had a pecuniary interest.
- F2. Parker White and DeFi International Holding, LLC were partners of SolSync Solutions Partnership, an Alaska general partnership. Parker White was the managing partner and maintained voting and dispositive control over the securities held by the Partnership. Following the distribution, the Partnership holds no securities of the Issuer and is being wound up.
- F3. DeFi International Holding, LLC, a Wyoming limited liability company, was a partner of the Partnership and received these securities in the distribution. Mr. Onorati is a manager of DeFi International Holding, LLC and may be deemed to beneficially own the securities it holds.
- F4. Mr. Onorati is the control person as director and president of 3277447 Nova Scotia Ltd and may be deemed to control 3277447 Nova Scotia Ltd.
Key Figures
Common shares received by DeFi International Holding, LLC: 271,043 shares
Warrants received by DeFi International Holding, LLC: 27,104 warrants
Warrant exercise price: $22.50 per share
+3 more
6 metrics
Common shares received by DeFi International Holding, LLC
271,043 shares
October 7, 2026 distribution
Warrants received by DeFi International Holding, LLC
27,104 warrants
October 7, 2026 distribution
Warrant exercise price
$22.50 per share
Warrants held by DeFi International Holding, LLC
Warrant expiration date
January 21, 2028
Warrants held by DeFi International Holding, LLC
Common shares held by 3277447 Nova Scotia Ltd
2,216,137 shares
Indirect holdings reported October 7, 2026
Series A Preferred Stock held by 3277447 Nova Scotia Ltd
4,500 shares
Indirect holdings reported October 7, 2026
Key Terms
in kind, pecuniary interest, beneficially own
3 terms
in kind financial
"distributed all of the securities ... to its two partners in kind"
Payment, distribution, or transfer made with assets or goods rather than cash, such as shares, property, bonds, or inventory. It matters to investors because receiving or giving value in kind affects liquidity, valuation, record-keeping, and tax treatment—similar to getting a basket of apples instead of cash for a tree: you own something real but may need to convert, value, or manage it differently than money.
pecuniary interest financial
"securities held by the Partnership in which he had a pecuniary interest"
beneficially own regulatory
"may be deemed to beneficially own the securities it holds"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What are the exercise price and expiration date of the CHAD warrants?
The warrants have an exercise price of $22.50 per share and expire on January 21, 2028.
What other CHAD securities are listed through 3277447 Nova Scotia Ltd?
As of October 7, 2026, 3277447 Nova Scotia Ltd held 2,216,137 common shares and 4,500 Series A Preferred Stock shares. Joseph Mario Onorati is the entity's director and president and may be deemed to control it.
AI-generated analysis. How Rhea-AI works. Not financial advice.
