[8-K] Janover Inc. Reports Material Event

Rhea-AI Filing Summary

Uni-Fuels Holdings Limited filed a Form 6-K dated 21 July 2025.

• The filing furnishes a press release announcing the Company’s first commercial paper issuance on the ADDX digital securities exchange.
• The tranche was oversubscribed, raising USD 3 million.

No information is provided on coupon, tenor, pricing, use-of-proceeds or comparative liquidity metrics, so the overall balance-sheet impact cannot be fully evaluated from this filing alone.

Positive

• Oversubscribed USD 3 million commercial paper issuance demonstrates investor demand and adds incremental liquidity.

Negative

• No disclosure of coupon, tenor, pricing or use-of-proceeds limits evaluation of funding cost and strategic impact.
• Small issuance size suggests limited balance-sheet effect unless the Company’s scale is very small.

Insights

Capital-Markets Analyst

TL;DR: Small but oversubscribed $3 m CP deal hints at demand; financial impact unclear without terms.

The disclosed USD 3 million commercial paper issuance is the Company’s first use of ADDX’s digital platform. Oversubscription signals investor appetite and may slightly lower funding costs versus traditional channels. However, the absence of maturity, coupon or use-of-proceeds data prevents assessment of cost of capital or leverage effects. Given the modest size, the event is likely liquidity-positive but not materially transformative.

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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): July 21, 2025

DEFI DEVELOPMENT CORP.

(Exact name of registrant as specified in its charter)

Delaware		001-41748		83-2676794
(State or other jurisdiction of Incorporation)		(Commission File Number)		(IRS Employer Identification Number)

6401 Congress Avenue, Suite 250 Boca Raton, Florida		33487
(Address of registrant’s principal executive office)		(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

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  7.01. Regulation FD Disclosure.

On July 21, 2025, the Company issued a press release, attached hereto as exhibit 99.1, which discloses that the Company has 19,445,837 total shares outstanding as of July 18, 2025 and issued 740,000 common shares under the equity line of credit representing approximately $19.2 million of net proceeds.

The information furnished under this Item 7.01, including Exhibit 99.1, will not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.

Item 8.01 Other Events.

On July 21, 2025, the Company issued a press release announcing an update on its utilization of the equity line of credit, holdings of Solana and Solana equivalents and related metrics.

Cautionary Note Regarding Forward-Looking Statements. Except for historical information contained in the press release attached as Exhibit 99.1 hereto, the press release contains forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ materially from those expressed or implied by these statements. Please refer to the cautionary note in the press release regarding these forward-looking statements.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.		Description
99.1		Press Release dated July 21, 2025
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

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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.

	DEFI DEVELOPMENT CORP.
Date:July 21, 2025	By:	/s/ Joseph Onorati
	Name:	Joseph Onorati
	Title:	Chairman & Chief Executive Officer

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FAQ

What did Uni-Fuels (UFG) announce in its July 21 2025 Form 6-K?

The filing reports completion of the Company’s first, oversubscribed USD 3 million commercial paper issuance on ADDX.

How much capital did Uni-Fuels raise through the commercial paper issuance?

The Company raised USD 3 million.

Was the Uni-Fuels commercial paper offering successful?

Yes. The filing states the issuance was oversubscribed, indicating demand exceeded supply.

Which platform handled the Uni-Fuels commercial paper issuance?

The issuance was conducted on the ADDX digital securities platform.

Does the filing disclose interest rate or maturity terms of the paper?

No. The Form 6-K does not include coupon, tenor or pricing details.