DeFi Development Corp.
For the period ended Dec 31, 2025. Filed Mar 30, 2026.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Mar 30, 2026
DFDV$3.43+2.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 16. Form 10-K Summary
None.
Exhibit Index
| Incorporated by Reference | ||||
|---|---|---|---|---|
| ExhibitNumber | Description | Schedule/Form | Exhibit | Filing Date |
| 3.1 | Amended and Restated Certificate of Incorporation of DeFi Development Corp (formerly Janover Inc.) | S-1 | 3.1 | 7/14/2023 |
| 3.2 | Amended and Restated Bylaws | 8-K | 3.2 | 4/23/2025 |
| 3.3 | Certificate of Amendment, effective June 8, 2023, to Amended and Restated Certificate of Incorporation for 1-for-6.82 Reverse Stock Split | S-1 | 3.5 | 7/14/2023 |
| 3.4 | Certificate of Amendment to the Restated Certificate of Incorporation | 8-K | 3.1 | 4/23/2025 |
| 3.5 | Certificate of Amendment to the Amended and Restated Certificate of Incorporation of DeFi Development Corp. | 8-K | 3.1 | 5/21/2025 |
| 3.6 | Certificate of Amendment, effective December 23, 2025, to the Amended and Restated Certificate of Incorporation of DeFi Development Corp. | 8-K | 3.1 | 12/23/2025 |
| 3.7 | Series A Preferred Stock Certificate of Designation | S-1 | 3.2 | 7/14/2023 |
| 4.1 | Form of note representing 2.50% Convertible Senior Note due 2030 | 8-K | 4.1 | 4/7/2025 |
| 4.2 | Form of Warrant 1 | 8-K | 4.2 | 4/7/2025 |
| 4.3 | Form of Warrant 2 | 8-K | 4.3 | 4/7/2025 |
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| 4.4 | Form of May 2025 Pre-Funded Warrant | 8-K | 4.1 | 5/5/2025 |
| 4.5 | Indenture, dated as of July 7, 2025, by and between the Registrant and U.S. Bank Trust Company, National Association, as trustee | 8-K | 4.1 | 7/7/2025 |
| 4.6* | Description of Securities | |||
| 4.7 | Form of note representing the 5.50% Convertible Senior Note due 2030 | 8-K | 4.2 | 7/7/2025 |
| 4.8 | Form of August 2025 Pre-Funded Warrant | 8-K | 4.1 | 8/26/2025 |
| 10.1† | DeFi Development Corp, 2023 Equity Incentive Plan, as amended and restated | 8-K | 10.1 | 12/23/2025 |
| 10.2† | DeFi Development Corp. 2025 Employee Stock Purchase Plan | 8-K | 10.2 | 12/23/2025 |
| 10.3† | DeFi Development Corp Restricted Stock Unit Agreement | 10-Q | 10.2 | 8/14/2025 |
| 10.4 | Form of Securities Purchase Agreement, dated April 4, 2025, by and between the Company and the Investors | 8-K | 10.1 | 4/7/2025 |
| 10.5 | Form of Prepaid Forward Stock Purchase Confirmation | 8-K | 10.1 | 7/7/2025 |
| 10.6 | Master Loan Agreement, dated July 25, 2025, between the Registrant and BitGo Hong Kong Limited | 8-K | 10.1 | 7/31/2025 |
| 10.7 | Form of Subscription Agreement, dated August 24 2025, between the Registrant and the Subscribers | 8-K | 10.1 | 8/26/2025 |
| 10.8 | Placement Agency Agreement, dated as of August 24, 2025, between the Registrant and Cantor Fitzgerald & Co. | 8-K | 10.2 | 8/26/2025 |
| 10.9† | Executive Employment Agreement, effective as of April 15, 2025, by and between the Company and Joseph Onorati | 8-K | 10.1 | 4/15/2025 |
| 10.10† | Executive Employment Agreement, effective as of April 15, 2025, by and between the Company and Parker White | 8-K | 10.2 | 4/15/2025 |
| 10.11† | Executive Employment Agreement, effective as of April 17, 2025, by and between the Company and John (Fei) Han | 8-K | 10.1 | 4/23/2025 |
| 10.12 | Securities Purchase Agreement, dated May 1, 2025, by and among the Company and the Investors | 8-K | 10.1 | 5/5/2025 |
| 10.13 | Registration Rights Agreement, dated May 1, 2025, by and among DeFi Development Corp. and the Investors | 8-K | 10.2 | 5/5/2025 |
| 10.14 | Asset Purchase Agreement, dated as of May 1, 2025, by and among the Company, Solsync Solutions Partnership, and Parker White | 8-K | 2.1 | 5/5/2025 |
| 10.15 | Intellectual Property Assignment Agreement, dated as of May 1, 2025, by and among the Company, and Solsync Solutions Partnership | 8-K | 10.1 | 5/5/2025 |
| 10.16 | Assignment and Assumption Agreement, dated as of May 1, 2025, by and among the Company, and Solsync Solutions Partnership | 8-K | 10.2 | 5/5/2025 |
| 10.17† | Employment Agreement, effective as of May 30, 2025, by and between the Company and Bruce Rosenbloom | 8-K | 10.1 | 6/5/2025 |
| 10.18 | Share Purchase Agreement, dated as of June 11, 2025, by and among DeFi Development Corp., RK Capital Management LLC, North Commerce Parkway Capital LP and TQ Master Fund LP | 8-K | 10.1 | 6/12/2025 |
| 10.19 | Registration Rights Agreement, dated as of June 11, 2025, by and among DeFi Development Corp., RK Capital Management LLC, North Commerce Parkway Capital LP and TQ Master Fund LP | 8-K | 10.2 | 6/12/2025 |
| 10.20*† | Employment Agreement, effective as of September 19, 2025, by and between the Company and Daniel Kang | |||
| 14.1 | Code of Ethics | |||
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| 16.1 | Letter from dbbmckennon addressed to the Securities and Exchange Commission dated April 24, 2025 | 8-K | 16.1 | 4/24/2025 |
| 19.1* | Insider Trading Policy | |||
| 21.1* | List of Subsidiaries | |||
| 23.1* | Consent of Wolf & Company, P.C. | |||
| 23.2* | Consent of dbbmckennon | |||
| 31.1* | Certification of Principal Executive Officer Pursuant to Rules 13a-14(a) and 15d-14(a) under the Securities Exchange Act of 1934, as Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. | |||
| 31.2* | Certification of Principal Financial Officer Pursuant to Rules 13a-14(a) and 15d-14(a) under the Securities Exchange Act of 1934, as Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. | |||
| 32.1* | Certification of Principal Executive Officer and Principal Financial Officer Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. | |||
| 97.1* | Clawback Policy | |||
| 101.INS | Inline XBRL Instance Document – the instance document does not appear in the Interactive Data File because XBRL tags are embedded within the Inline XBRL document. | |||
| 101.SCH | Inline XBRL Taxonomy Extension Schema With Embedded Linkbase Documents | |||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||
*Filed herewith.
†Indicates a management contract or compensatory plan or arrangement.
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SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.
| DeFi Development Corp. | ||
| Date: | By: | /s/Joseph Onorati |
|---|---|---|
| Chief Executive Officer, President andChairman of the Board of Directors(Principal Executive Officer) | ||
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, this Report has been signed below by the following persons on behalf of the Registrant in the capacities and on the dates indicated.
| Name | Title | Date |
|---|---|---|
| /s/ Joseph Onorati | Chief Executive Officer, President and Chairman of the Board of Directors (Principal Executive Officer) | March 30, 2026 |
| /s/ Fei (John) Han | Chief Financial Officer (Principal Financial and Accounting Officer) | March 30, 2026 |
| /s/ William Caragol | Director | March 30, 2026 |
| /s/ Zachary Tai | Director | March 30, 2026 |
| /s/ Thomas Perfumo | Director | March 30, 2026 |
| /s/ Blake Janover | Director | March 30, 2026 |
| /s/ Hadley Stern | Director | March 30, 2026 |
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