{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-419743","form_type":"8-K","ticker":"CIFR","cik":"0001819989","company_name":"Cipher Digital Inc.","filed_at":"2026-10-13T12:10:47+00:00","discovered_at":"2026-10-13T12:15:00.275621+00:00","generated_at":"2026-10-13T12:15:12.990471+00:00","sec_items":["7.01","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Cipher Digital proposes $850M 0.00% convertible notes due 2032, concurrent exchange of 2030 notes","bullets":["$850.0M aggregate principal of 0.00% convertible senior notes due Nov 1, 2032, offered privately to QIBs under Rule 144A; 13-day option for up to $150.0M more.","Concurrently, Cipher expects privately negotiated exchanges of a portion of its outstanding 1.75% Convertible Senior Notes due 2030 for shares of common stock.","Net proceeds to fund capped call transactions, additional equity investment in the Barber Lake project, HPC build-out, pipeline expansion and general corporate purposes.","Notes are senior unsecured, bear no regular interest and do not accrete; redeemable on or after Nov 5, 2029 if stock exceeds 130% of conversion price.","Initial conversion rate and other terms set at pricing; J. Wood Capital Advisors LLC is financial advisor; capped calls aim to reduce dilution."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-419743","json":"https://secwatch.observer/filing/0001193125-26-419743.json","markdown":"https://secwatch.observer/filing/0001193125-26-419743.md","text":"https://secwatch.observer/filing/0001193125-26-419743.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1819989/000119312526419743/0001193125-26-419743-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1819989/000119312526419743/d134900d8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-13T12:15:12.990471+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"}