---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-216646"
form_type: "8-K"
ticker: "COIN"
cik: "0001679788"
company_name: "Coinbase Global, Inc."
filed_at: "2023-08-21T23:59:59+00:00"
generated_at: "2026-06-11T06:18:50.883142+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Coinbase increases tender consideration to $675/$1,000, $50M notes tendered early

## Summary
- Early tender results: $50,034,000 principal amount of 3.625% Senior Notes due 2031 tendered as of Aug 18.
- Total consideration increased to $675 per $1,000 principal, eliminating the early tender premium.
- Maximum tender amount remains $150M aggregate purchase price; $1B notes outstanding.
- Early settlement expected Aug 22; tender offer expires Sep 1, 2023.
- Citigroup Global Markets Inc. is dealer manager for the tender offer.

## SEC filing metadata
- accession: 0001193125-23-216646
- form_type: 8-K
- ticker: COIN
- cik: 0001679788
- company_name: Coinbase Global, Inc.
- filed_at: 2023-08-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1679788/000119312523216646/0001193125-23-216646-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1679788/000119312523216646/d529546d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-216646
- JSON: https://secwatch.observer/filing/0001193125-23-216646.json
- Plain text: https://secwatch.observer/filing/0001193125-23-216646.txt

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