Every S-1 that DeFi Development Corp. (DFDV) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A S-1 covers the registration statement a company files to sell shares publicly, so if you follow DFDV and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full DFDV filings page.
DeFi Development Corp. filed a Form S-1 to offer a new Variable Rate Series C Perpetual Preferred Stock, branded as “CHAD Stock,” with a stated amount and initial liquidation preference of $100 per share. The CHAD Stock initially carries a 12.00% annual dividend rate, paid monthly, and dividends can later be adjusted at the company’s discretion within stated limits tied to SOFR.
The company plans to use proceeds for general corporate purposes, including acquiring Solana (SOL) as part of its digital asset treasury strategy, alongside its existing AI-powered commercial real estate platform. DeFi Development has applied to list the CHAD Stock on the Nasdaq Capital Market under the symbol “CHAD,” while its common stock continues to trade under “DFDV.” The preferred stock ranks senior to common equity but junior to $210.9 million of consolidated indebtedness and existing Series A preferred stock.
DeFi Development Corp. (DFDV) filed an S-1 to register up to 3,898,856 shares of common stock issuable upon the exercise of company-issued warrants. The warrants were distributed at no charge on October 27, 2025, one warrant for every ten shares (and to specified note and pre-funded warrant holders as described), and are exercisable for cash only at $22.50 per warrant from the registration’s effectiveness until January 21, 2028, subject to an early‑expiration price condition. The company’s common stock last closed at $13.44 on October 28, 2025; the warrants are expected to trade on Nasdaq as DFDVW.
If fully exercised, the company would receive approximately $87.7 million in gross proceeds, intended for general corporate purposes, including the acquisition of SOL and working capital. Shares outstanding were 30,123,949 as of October 23, 2025; assuming full warrant exercise, shares outstanding would be 34,022,805. Each warrant initially covers one share, with standard anti‑dilution adjustments and an early‑expiration trigger tied to a $27.00 daily VWAP threshold over a defined period.
DeFi Development Corp. filed Amendment No. 1 to a Form S-1 to register 9,953,543 shares of common stock for resale by selling stockholders. The registration covers 4,171,907 outstanding shares and 5,781,636 shares issuable upon exercise of pre-funded warrants at an exercise price of approximately $0.0001 per share. The company is not selling any securities in this offering and will not receive any proceeds from sales by the selling stockholders.
These shares may be sold from time to time using various methods described under Plan of Distribution. Common stock is listed on Nasdaq as “DFDV”; the last reported sale price was $16.15 on October 13, 2025. Shares outstanding were 27,718,159 as of September 30, 2025. The company discloses recent financings, including an equity line of credit, a 5.50% Convertible Senior Notes offering, an August 2025 private placement that issued the registered shares and pre-funded warrants, and a planned warrant dividend distribution. Certain pre-funded warrants include beneficial ownership limits of 4.99% or 9.99%, with the ability to increase to up to 19.99% upon 61 days’ notice.
DeFi Development Corp. (DFDV) filed an amended S-1 to offer $65,000,000 of 10.00% Series C Cumulative Perpetual Preferred Stock. Dividends accrue at 10.00% on the $100 liquidation preference and are payable quarterly on March 31, June 30, September 30 and December 31, beginning on September 30, 2025, when, as and if declared. The preferred is convertible into common stock at a conversion rate set at pricing and subject to adjustment.
The deal is a firm commitment underwriting with an underwriters’ 30-day option for up to 15% additional shares for overallotments. The company may redeem all outstanding shares if the total aggregate liquidation preference falls below 25% of the amount issued in this offering, at liquidation value plus accrued and unpaid regular dividends. DeFi Development has applied to list the preferred on Nasdaq as “CHAD” and expects trading within 30 days after first issuance; its common stock trades on Nasdaq as “DFDV” (last sale $16.15 on October 13, 2025). Net proceeds are intended for general corporate purposes, including the acquisition of Solana and working capital.