secwatch.observer — SEC 8-K summary
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Issuer:     BKV Corp (BKV)
CIK:        0001838406
Form:       8-K
Filed at:   2026-09-14T21:01:02+00:00
Accession:  0001104659-26-107535
Event type: debt
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1838406/000110465926107535/0001104659-26-107535-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1838406/000110465926107535/tm2625333d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-107535

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