secwatch.observer — SEC 8-K summary
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Issuer:     Cipher Digital Inc. (CIFR)
CIK:        0001819989
Form:       8-K
Filed at:   2026-06-09T01:05:34+00:00
Accession:  0000950103-26-008678
Event type: debt
Sentiment:  neutral
Materiality: 0.80
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cipher Digital prices $810M 6.000% senior secured notes due 2031 at 99.750%
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- $810M offering of 6.000% senior secured notes due 2031 priced at 99.750% of par; expected close June 15, 2026.
- Proceeds to finance remaining Stingray data center cost, reimburse $61.5M prior equity, fund debt service reserves.
- Subsidiary Stingray Compute LLC issuer; guaranteed by Cipher Stingray LLC and secured by assets and equity interests.
- Cipher provides completion guarantee for Stingray Facility if note proceeds are insufficient.
- Notes sold in private offering to QIBs under Rule 144A and non-US persons under Reg S; not registered.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819989/000095010326008678/0000950103-26-008678-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819989/000095010326008678/dp248139_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950103-26-008678

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