• DeFi Development Corp. filed for an IPO of up to USD 20 million of Variable Rate Series C Perpetual Preferred Stock.
• CHAD Stock carries a stated amount of USD 10 per share; initial variable dividend rate set at 13% per year.
• Underwriter option covers up to 15% more shares; proceeds earmarked for corporate uses, including SOL accumulation.
• Dividend reserve planned at USD 1.3 per share at closing, covering 12 months of payouts at the 13% rate.
• CHAD Stock is perpetual with no maturity; R.F. Lafferty serves as sole book-running manager.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DeFi Development Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608311745PRIMZONEFULLFEED9818982) on August 31, 2026, and is solely responsible for the information contained therein.