---
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"
generated_at: "2026-05-20T05:06:34.033585+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ProCap Acquisition Corp closes $250M IPO of 25M units at $10/unit, plus $4.3M PIPE

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-049049
- JSON: https://secwatch.observer/filing/0001213900-25-049049.json
- Plain text: https://secwatch.observer/filing/0001213900-25-049049.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.