{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-338452","form_type":"8-K","ticker":"PCOR","cik":"0001611052","company_name":"PROCORE TECHNOLOGIES, INC.","filed_at":"2026-08-06T21:20:24+00:00","discovered_at":"2026-08-06T21:22:00.341495+00:00","generated_at":"2026-08-06T21:22:13.043046+00:00","sec_items":["1.01","2.03","3.02","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Procore issues $950M 0% convertible notes due 2031; funds DroneDeploy acquisition and $175M buyback","bullets":["Issued $950M aggregate principal of 0.00% Convertible Senior Notes due 2031; initial conversion price ~$82.89/share (50% premium over $55.26).","Net proceeds of ~$926.6M; used $59.1M for capped call transactions and $175M to repurchase 3.17M shares of common stock.","Remaining proceeds to partially fund acquisition of DroneDeploy, Inc. and for general corporate purposes.","Capped call transactions entered to reduce potential dilution upon conversion, with cap price initially $110.52/share."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-338452","json":"https://secwatch.observer/filing/0001193125-26-338452.json","markdown":"https://secwatch.observer/filing/0001193125-26-338452.md","text":"https://secwatch.observer/filing/0001193125-26-338452.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1611052/000119312526338452/0001193125-26-338452-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1611052/000119312526338452/d169822d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-06T21:22:13.043046+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"}