Home / Auditor changes / DeFi Development Corp.
Filed 2025-04-24 路 Form 8-K 路 Accession 0001213900-25-035094 micro
Price before filing: $7.87 (2025-04-23 close, split/dividend-adjusted)
Market cap at flag: $100.2M (2025-04-24) 路 Latest: $103.1M (2026-10-16)
| Window | DFDV | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +239.5% | +10.4% | +229.1% | 2025-05-27 |
| 90 days | +172.9% | +18.8% | +154.1% | 2025-07-23 |
| 180 days | +83.6% | +26.1% | +57.5% | 2025-10-21 |
Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.
90 days before the flag: 1 insider sold $4.0M (2 sales)
30 days after: none reported.
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2025-04-04 | JANOVER BLAKE CHIEF COMMERICAL OFFICER, Director | Sale | 728,632 | $4.90 | $3.6M | no | Form 4 |
| 2025-04-04 | JANOVER BLAKE CHIEF COMMERICAL OFFICER, Director | Sale | 10,000 | $42.97 | $430K | no | Form 4 |
| 2025-04-24: red flag filed | |||||||
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-01-24 to 2025-05-24. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.
"A copy of the Auditor's letter, dated April 24, 2025, is filed as Exhibit 16.1 to this Current Report on Form 8-K. (b) New independent registered public accounting firm On April 21, 2025, the Company engaged Wolf & Company, P.C. (the "New Auditor") as its independent PCAOB registered public accounting firm for the Company's fiscal year ended December 31, 2025."
Quoted from the filing. Source
The company changed its outside auditor (8-K Item 4.01). A dismissal or resignation, especially near an annual report or with reported disagreements, is a warning sign. Changes caused by audit firms merging are usually routine.
Type: resigned
Disagreements reported: no
New auditor: Wolf & Company, P.C.
Why this score: auditor resigned
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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