{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-218502","form_type":"8-K","ticker":"CIFR","cik":"0001819989","company_name":"Cipher Digital Inc.","filed_at":"2025-09-26T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.125491+00:00","generated_at":"2026-05-17T05:35:43.426425+00:00","sec_items":["8.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Cipher Mining prices $1.1B 0% convertible notes due 2031; upsized from $800M","bullets":["Upsized offering: $1.1B aggregate principal, 0.00% coupon, matures Oct 1, 2031; initial purchasers have 13-day option for additional $200M.","Initial conversion price ~$16.03/share (37.5% premium over $11.66 closing on Sept 25, 2025).","Net proceeds ~$1.08B ($1.27B with option exercise); ~$70M for capped call, balance for Barber Lake data center and HPC strategy.","Capped call transactions with cap price $23.32/share to mitigate dilution upon conversion.","Stockholder approval required for settlement in shares if conversion exceeds authorized share count."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-218502","json":"https://secwatch.observer/filing/0001193125-25-218502.json","markdown":"https://secwatch.observer/filing/0001193125-25-218502.md","text":"https://secwatch.observer/filing/0001193125-25-218502.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1819989/000119312525218502/0001193125-25-218502-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1819989/000119312525218502/d936051d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T05:35:43.426425+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"}