---
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"
generated_at: "2026-05-18T08:48:17.633158+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.1
calibrated_materiality_score: 0.1
confidence: "high"
source: SEC EDGAR
---

# ProCap Acquisition Corp announces separate trading of Class A shares and warrants starting July 11, 2025

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other
- sentiment: neutral
- materiality_score: 0.1
- calibrated_materiality_score: 0.1
- confidence: high
- sec_items: 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-062479
- JSON: https://secwatch.observer/filing/0001213900-25-062479.json
- Plain text: https://secwatch.observer/filing/0001213900-25-062479.txt

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