{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-421035","form_type":"8-K","ticker":"CIFR","cik":"0001819989","company_name":"Cipher Digital Inc.","filed_at":"2026-10-14T11:49:45+00:00","discovered_at":"2026-10-14T11:55:00.259251+00:00","generated_at":"2026-10-14T11:55:09.499879+00:00","sec_items":["8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.72,"calibrated_materiality_score":0.72,"confidence":"high","headline":"Cipher Digital prices $850M 0.00% convertible notes due 2032 and exchanges $165.9M of 2030 notes","bullets":["Priced $850.0 million of 0.00% convertible senior notes due 2032 in a Rule 144A private offering, with a 13-day option for $150.0 million more.","Initial conversion price is about $15.31 per share, a 35.0% premium to the $11.34 close on October 13, 2026; capped call cap price is $28.35.","Concurrently exchanging roughly $165.9 million principal of its 1.75% Convertible Senior Notes due 2030 for about 40.7 million shares of CIFR common stock.","Estimated net proceeds of about $835.1 million, or $982.5 million if the option is fully exercised; about $89.7 million funds capped call costs.","Remainder funds the Barber Lake project, HPC build-out and development pipeline; notes settle October 16, 2026 and mature November 1, 2032."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-421035","json":"https://secwatch.observer/filing/0001193125-26-421035.json","markdown":"https://secwatch.observer/filing/0001193125-26-421035.md","text":"https://secwatch.observer/filing/0001193125-26-421035.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1819989/000119312526421035/0001193125-26-421035-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1819989/000119312526421035/d77312d8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-14T11:55:09.499879+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"}