secwatch.observer — SEC 8-K summary
======================================

Issuer:     Coinbase Global, Inc. (COIN)
CIK:        0001679788
Form:       8-K
Filed at:   2023-09-05T23:59:59+00:00
Accession:  0001193125-23-228132
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Coinbase upsizes tender offer for 3.625% notes to $180M, extends to Sept 18
---------------------------------------------------------------------------

- Maximum purchase price increased from $150M to $180M (excl. accrued interest).
- Expiration deadline extended from Sept 1 to Sept 18, 2023 at 11:59 p.m. ET.
- Total $261.1M aggregate principal tendered as of interim deadline; $50M accepted early.
- Interim settlement on Sept 6, 2023 for additional $211.1M tendered at $675 per $1,000 principal.
- Citigroup Global Markets Inc. serving as Dealer Manager.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1679788/000119312523228132/0001193125-23-228132-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1679788/000119312523228132/d437254d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-228132

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer