{"schema_version":"secwatch.filing_event.v1","accession":"0001640147-26-000043","form_type":"8-K","ticker":"SNOW","cik":"0001640147","company_name":"Snowflake Inc.","filed_at":"2026-10-02T20:06:31+00:00","discovered_at":"2026-10-02T20:08:00.343122+00:00","generated_at":"2026-10-12T14:36:06.034286+00:00","sec_items":["1.01","2.03","3.02","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Snowflake completes $3.75B convertible note offering; repurchases $548.3M of 2027 notes","bullets":["$2.0B of 0.00% convertible senior notes due 2029 and $1.75B due 2031 issued; notes bear no regular interest and principal does not accrete.","Net proceeds ~$3.70B; used $383.5M for capped call transactions and $548.3M to repurchase 2027 notes, remainder for general corporate purposes, buybacks or acquisitions.","Initial conversion prices: ~$500.38/share for the 2029 notes and ~$483.98/share for the 2031 notes; capped call cap price $820.30, a 150% premium to the Sept. 28 close.","Maturities Oct. 15, 2029 and Oct. 15, 2031; purchasers hold 13-day options for up to $300M more 2029 notes and $250M more 2031 notes.","Up to 7,009,480 shares issuable upon conversion of the 2029 notes and 6,095,200 shares upon conversion of the 2031 notes."],"urls":{"canonical":"https://secwatch.observer/filing/0001640147-26-000043","json":"https://secwatch.observer/filing/0001640147-26-000043.json","markdown":"https://secwatch.observer/filing/0001640147-26-000043.md","text":"https://secwatch.observer/filing/0001640147-26-000043.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1640147/000164014726000043/0001640147-26-000043-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1640147/000164014726000043/snow-20260928.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T14:36:06.034286+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"}