{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-067329","form_type":"8-K","ticker":"COIN","cik":"0001679788","company_name":"Coinbase Global, Inc.","filed_at":"2024-03-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.087487+00:00","generated_at":"2026-06-04T19:46:55.431689+00:00","sec_items":["8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Coinbase prices $1.1B 0.25% convertible notes due 2030 to refinance existing debt","bullets":["$1.1B aggregate principal (upsized from $1.0B), 0.25% coupon, due April 1 2030; initial purchasers have $165M over-allotment option.","Initial conversion price ~$333.54 per share (32.5% premium over $251.73 closing price); capped call transactions entered to reduce dilution.","Net proceeds ~$1.08B (or ~$1.24B with over-allotment) to repay 2026, 2028, and 2031 notes and for general corporate purposes.","Settlement expected March 18, 2024; notes are unsecured and redeemable at Coinbase's option on or after April 1, 2027."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-067329","json":"https://secwatch.observer/filing/0001193125-24-067329.json","markdown":"https://secwatch.observer/filing/0001193125-24-067329.md","text":"https://secwatch.observer/filing/0001193125-24-067329.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1679788/000119312524067329/0001193125-24-067329-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1679788/000119312524067329/d759753d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T19:46:55.431689+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"}