---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-107535"
form_type: "8-K"
ticker: "BKV"
cik: "0001838406"
company_name: "BKV Corp"
filed_at: "2026-09-14T21:01:02+00:00"
generated_at: "2026-09-14T21:04:30.156326+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# BKV issues $575M 1.625% convertible notes due 2031, repurchases shares

## Summary
- Issued $575M aggregate principal of 1.625% Convertible Senior Notes due 2031; net proceeds ~$554.7M.
- Initial conversion price ~$31.93/share; capped call cap price $48.20/share (100% premium to Sept 9 close).
- Used $35.0M to repurchase 1,452,282 common shares at $24.10/share; $64.7M for capped calls.
- Remaining proceeds for general corporate purposes, incl. debt repayment and capital expenditures.
- Notes mature Oct 15, 2031; interest semi-annual; conversion before July 2031 only on certain events.

## SEC filing metadata
- accession: 0001104659-26-107535
- form_type: 8-K
- ticker: BKV
- cik: 0001838406
- company_name: BKV Corp
- filed_at: 2026-09-14T21:01:02+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1838406/000110465926107535/0001104659-26-107535-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1838406/000110465926107535/tm2625333d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-107535
- JSON: https://secwatch.observer/filing/0001104659-26-107535.json
- Plain text: https://secwatch.observer/filing/0001104659-26-107535.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.