{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-26-020669","form_type":"8-K","ticker":"IREN","cik":"0001878848","company_name":"IREN Ltd","filed_at":"2026-05-12T10:06:06+00:00","discovered_at":"2026-05-12T10:10:00.373647+00:00","generated_at":"2026-05-12T10:12:58.372690+00:00","sec_items":["8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"IREN prices upsized $2.6B 1.00% convertible notes due 2033, increased from $2.0B","bullets":["$2.6B aggregate principal of 1.00% convertible senior notes due 2033; initial purchasers have option for additional $400M.","Conversion premium 32.5%; initial conversion price ~$73.07 per share based on $55.15 closing price on May 11.","Net proceeds estimated at $2.57B; ~$174.5M used for capped call cost, remainder for general corporate purposes.","Capped call transactions with cap price of $110.30 per share (100% premium) to reduce potential dilution.","Offering expected to close on May 14, 2026; notes will mature December 1, 2033."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-26-020669","json":"https://secwatch.observer/filing/0001140361-26-020669.json","markdown":"https://secwatch.observer/filing/0001140361-26-020669.md","text":"https://secwatch.observer/filing/0001140361-26-020669.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1878848/000114036126020669/0001140361-26-020669-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1878848/000114036126020669/ef20073131_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-12T10:12:58.372690+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"}