{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-186438","form_type":"8-K","ticker":"EU","cik":"0001500881","company_name":"enCore Energy Corp.","filed_at":"2025-08-22T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.139065+00:00","generated_at":"2026-05-17T10:33:03.721888+00:00","sec_items":["1.01","1.02","2.03","3.02","7.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"enCore closes $115M 5.5% convertible senior notes due 2030; repays $10.6M loan from Boss Energy","bullets":["$115M aggregate principal of 5.50% Convertible Senior Notes due 2030, upsized from $100M with full exercise of $15M option.","Conversion price $3.2895 per share, a 27.5% premium over last sale price of $2.58 on August 19, 2025.","Net proceeds ~$109.8M; used $11.5M for capped call transactions and $10.6M to repay Uranium Loan Agreement with Boss Energy.","Notes mature August 15, 2030; interest at 5.50% semi-annually; redeemable after August 21, 2028 under certain conditions.","Issued in a private placement under Rule 144A; common shares issuable upon conversion are unregistered."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-186438","json":"https://secwatch.observer/filing/0001193125-25-186438.json","markdown":"https://secwatch.observer/filing/0001193125-25-186438.md","text":"https://secwatch.observer/filing/0001193125-25-186438.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1500881/000119312525186438/0001193125-25-186438-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1500881/000119312525186438/d22267d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T10:33:03.721888+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":[{"claim_id":"9786f11afa91c90a680fcacc2bdcaceb211c4aa8","claim":"enCore Energy Corp. incurred convertible notes of $100.0 million aggregate principal amount with Cantor Fitzgerald & Co. at 5.50% per annum maturing August 15, 2030.","evidence_excerpt":"On August 19, 2025, enCore Energy Corp. (the “Company”) agreed to sell to the several initial purchasers (the “Initial Purchasers”), for whom Cantor Fitzgerald & Co. acted as representative (the “Representative”) and the Initial Purchasers agreed to purchase from the Company, $100.0 million aggregate principal amount of the Company’s 5.50% Convertible Senior Notes due 2030","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1500881/000119312525186438/0001193125-25-186438-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$100.0 million aggregate principal amount"},{"label":"Counterparty","value":"Cantor Fitzgerald & Co."},{"label":"Rate","value":"5.50% per annum"},{"label":"Maturity","value":"August 15, 2030"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}