---
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"
generated_at: "2026-05-16T03:57:53.894566+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ProCap Financial to acquire AI fintech CFO Silvia; repurchases $135M in convertible notes

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.01, 3.02, 5.02, 7.01, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-005670
- JSON: https://secwatch.observer/filing/0001493152-26-005670.json
- Plain text: https://secwatch.observer/filing/0001493152-26-005670.txt

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