DeFi Development (DSDV) Registration filing summary

Company overview and business model

• Operates a digital asset treasury strategy focused on the Solana blockchain ecosystem and manages Solana validators to generate staking rewards.

• Provides an AI-driven platform connecting commercial mortgage and small business borrowers with lenders, but is winding down this segment to focus on digital assets.

• Recent strategic shift reallocates resources from real estate technology to digital asset initiatives, with the real estate segment expected to cease operations by end of Q2 2026.

• Headquartered in Boca Raton, FL, with a recent name and ticker change reflecting the new business focus.

Financial performance and metrics

• As of March 31, 2026, 29,497,394 shares of common stock and 10,000 shares of Series A preferred stock were outstanding.

• Common stock traded at $4.77 per share on April 16, 2026, on Nasdaq under the symbol DFDV.

Use of proceeds and capital allocation

• Net proceeds will be used for working capital, acquiring SOL, and strategic initiatives including investments and partnerships supporting long-term growth.

• Management retains discretion over allocation based on market conditions and opportunity timing.