{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-005670","form_type":"8-K","ticker":"BRR","cik":"0002076163","company_name":"ProCap Financial, Inc.","filed_at":"2026-02-09T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.170135+00:00","generated_at":"2026-05-16T03:57:53.894566+00:00","sec_items":["1.01","2.01","3.02","5.02","7.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"confidence":"high","headline":"ProCap Financial to acquire AI fintech CFO Silvia; repurchases $135M in convertible notes","bullets":["Merger: ProCap to acquire CFO Silvia (AI software) for stock consideration; earnout triggers at $9.00 share price.","Repurchased ~$135M aggregate principal of 0% convertible notes for ~$119M cash; outstanding reduced to ~$100M.","Shain Noor to become CTO post-merger with $700K base salary, $5M signing bonus, and $4M RSUs.","Company expands AI/automation strategy; plans to integrate CFO Silvia's platform; continues to hold Bitcoin.","Post-repurchase collateral: 2,800 BTC and $145M cash, maintaining compliance with 1:1 loan-to-collateral ratio."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-005670","json":"https://secwatch.observer/filing/0001493152-26-005670.json","markdown":"https://secwatch.observer/filing/0001493152-26-005670.md","text":"https://secwatch.observer/filing/0001493152-26-005670.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2076163/000149315226005670/0001493152-26-005670-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2076163/000149315226005670/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T03:57:53.894566+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"}