{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-25-044095","form_type":"8-K","ticker":"IREN","cik":"0001878848","company_name":"IREN Ltd","filed_at":"2025-12-03T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.955748+00:00","generated_at":"2026-05-16T15:27:38.569706+00:00","sec_items":["8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"IREN prices $2B convertible notes, launches $1.6B equity offering to refinance existing notes","bullets":["$1B 0.25% notes due 2032 and $1B 1.00% notes due 2033 priced; initial conversion price ~$51.40 (25% premium).","Registered direct offering of 39.7M shares at $41.12 for ~$1.63B gross proceeds to fund repurchase.","Repurchase of ~$544M principal of existing 2029 and 2030 convertible notes for ~$1.63B (including accrued interest).","Capped call transactions entered with cap price $82.24/share (100% premium) to reduce dilution potential.","Net proceeds from notes offering ~$1.97B; settlement expected Dec 8, 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-25-044095","json":"https://secwatch.observer/filing/0001140361-25-044095.json","markdown":"https://secwatch.observer/filing/0001140361-25-044095.md","text":"https://secwatch.observer/filing/0001140361-25-044095.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1878848/000114036125044095/0001140361-25-044095-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1878848/000114036125044095/ny20060080x4_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T15:27:38.569706+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}