{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-049049","form_type":"8-K","ticker":"PCAP","cik":"0002056634","company_name":"ProCap Acquisition Corp","filed_at":"2025-05-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.795055+00:00","generated_at":"2026-05-20T05:06:34.033585+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"ProCap Acquisition Corp closes $250M IPO of 25M units at $10/unit, plus $4.3M PIPE","bullets":["IPO of 25,000,000 units (incl. 3M over-allotment) at $10/unit for gross proceeds of $250,000,000.","Private placement of 430,000 units to sponsor at $10/unit, raising $4,300,000.","Trust account funded with $250,000,000 ($10.00 per unit), including $11,250,000 deferred underwriting fee.","Cash of $1,488,128 and working capital of $1,394,982 as of May 22, 2025.","Company has 24 months from IPO to complete an initial business combination."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-049049","json":"https://secwatch.observer/filing/0001213900-25-049049.json","markdown":"https://secwatch.observer/filing/0001213900-25-049049.md","text":"https://secwatch.observer/filing/0001213900-25-049049.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2056634/000121390025049049/0001213900-25-049049-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2056634/000121390025049049/ea0243716-8k_procap.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T05:06:34.033585+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"}