secwatch.observer — SEC 8-K summary
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Issuer:     ProCap Acquisition Corp (PCAP)
CIK:        0002056634
Form:       8-K
Filed at:   2025-07-10T23:59:59+00:00
Accession:  0001213900-25-062479
Event type: other
Sentiment:  neutral
Materiality: 0.10
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2056634/000121390025062479/0001213900-25-062479-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2056634/000121390025062479/ea0248437-8k_procap.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-062479

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