secwatch.observer — SEC 8-K summary
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Issuer:     Cipher Digital Inc. (CIFR)
CIK:        0001819989
Form:       8-K
Filed at:   2025-11-06T23:59:59+00:00
Accession:  0000950103-25-014401
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cipher Mining subsidiary prices $1.4B of 7.125% senior secured notes due 2030 for Barber Lake data center
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- $1.4B aggregate principal, 7.125% senior secured notes due 2030, priced at par.
- Expected close Nov 13, 2025; net proceeds to finance Barber Lake Facility (high-performance computing data center near Colorado City, TX).
- Notes secured by assets of Issuer (Cipher Compute LLC) and Guarantor (Cipher Barber Lake LLC); Google LLC pledges warrants as collateral.
- Cipher provides completion guarantee for Barber Lake Facility if proceeds and other funds are insufficient.
- Offered to qualified institutional buyers under Rule 144A; notes are unregistered and not offered in the US absent exemption.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819989/000095010325014401/0000950103-25-014401-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819989/000095010325014401/dp237015_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950103-25-014401

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer