Every material Form 8-K DeFi Capital Markets, Inc. has filed with the SEC since June 12, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Universal Safety Products, Inc. (the filing names this company, not DeFi Capital Markets or DCM as the request stated) entered into an amended and restated securities purchase agreement on October 9, 2026 with SJC Lending LLC for up to $2.5 million in convertible note financing. Conversion shares above 19.99% of common stock require new stockholder approval, and the notes convert at a discount to recent trading prices, which would dilute existing shareholders.
Up to $2,650,000 in convertible notes for up to $2.5 million; $1,000,000 funded June 12, 2026 and $500,000 funded July 29, 2026, with a third $1,000,000 tranche due after a resale registration statement is declared effective
Conversion price is the greater of a $1.00 floor or 80% of the lowest five-day VWAP, capped at $10.00 per share; conversions above 19.99% of shares outstanding need stockholder approval
Notes accrue 8% interest (20% after an event of default) and mature one year after issuance; the company may not enter a variable rate transaction for one year and SJC holds a one-year right of first refusal on future equity offerings
Universal Safety Products, Inc. (NYSE American: UUU) will change its name to DeFi Capital Markets, Inc. effective October 19, 2026, and its stock is expected to trade under the ticker DCM on that date. The company also changed its fiscal year end from March 31 to December 31, and it said it anticipates discontinuing its legacy safety products business as it builds tokenization, proprietary trading and digital asset market-making operations.
Name change to DeFi Capital Markets, Inc. and ticker change to DCM take effect October 19, 2026; CUSIP is unchanged and no action is required from existing stockholders.
Fiscal year end moves from March 31 to December 31; the next fiscal year end is December 31, 2026, with a transition report on Form 10-K covering April 1, 2026 to December 31, 2026.
The company anticipates discontinuing its legacy business of designing and marketing safety products as its tokenization and digital asset initiatives gain traction.
The filing gives no financial results, revenue or profit figures.
Universal Safety Products, Inc., a Maryland corporation, agreed on June 12, 2026 to sell up to $10.0 million of convertible promissory notes to SJC Lending LLC in eleven tranches, and issued the first note that day for $1,000,000. Conversion of the notes into more than 19.99% of common stock requires stockholder approval, and the notes convert at a discount to recent trading prices, so shareholders could face significant dilution. The filing names Universal Safety Products, not DeFi Capital Markets, and does not state the ticker DCM.
First note issued June 12, 2026: $1,060,000 principal face amount for a $1,000,000 purchase price
Further tranches tied to a registration statement, SEC effectiveness and eight monthly dates, subject to stockholder approval
Conversion price is the greater of $1.00 or 80% of the lowest five-day VWAP, capped at $10.00 per share
Notes bear 8% interest and mature one year after issuance; the company agreed not to issue new shares for 90 days
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every DeFi Capital Markets, Inc. filing is on SEC EDGAR ↗. 8-K briefs of other companies →