On September 11, 2026, DeFi Development Corp. (the "Company") entered into a sales agreement (the "Sales Agreement") with R.F. Lafferty & Co., Inc., acting as sales agent or principal (the "Agent"), pursuant to which the Company may offer and sell from time to time, through or to the Agent, up to 30,000,000 shares (the "Shares") of the Company’s Variable Rate Series C Perpetual Preferred Stock, par value $0.00001 per share ("CHAD Stock").

 

The Shares, if any, will be issued pursuant to the Company’s Registration Statement on Form S-3 (Registration No. 333-295142), filed with the Securities and Exchange Commission (the "Commission") under the Securities Act of 1933, as amended (the "Securities Act"), on April 17, 2026, and declared effective by the Commission on April 27, 2026 (the "Registration Statement"). The Company filed a prospectus supplement with the Commission pursuant to Rule 424(b) under the Securities Act on September 11, 2026.

 

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