{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-062479","form_type":"8-K","ticker":"PCAP","cik":"0002056634","company_name":"ProCap Acquisition Corp","filed_at":"2025-07-10T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.917470+00:00","generated_at":"2026-05-18T08:48:17.633158+00:00","sec_items":["8.01","9.01"],"event_type":"other","sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"confidence":"high","headline":"ProCap Acquisition Corp announces separate trading of Class A shares and warrants starting July 11, 2025","bullets":["Commencing July 11, 2025, holders of ProCap units (PCAPU) may elect to separate them into Class A shares (PCAP) and warrants (PCAPW).","No fractional warrants will be issued; only whole warrants trade under PCAPW with an exercise price of $11.50 per share.","Units not separated will continue to trade on Nasdaq under PCAPU; shares and warrants trade under PCAP and PCAPW respectively.","BTIG acted as sole book-running manager for the offering."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-062479","json":"https://secwatch.observer/filing/0001213900-25-062479.json","markdown":"https://secwatch.observer/filing/0001213900-25-062479.md","text":"https://secwatch.observer/filing/0001213900-25-062479.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2056634/000121390025062479/0001213900-25-062479-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2056634/000121390025062479/ea0248437-8k_procap.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T08:48:17.633158+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"}