{"schema_version":"secwatch.filing_event.v1","accession":"0001679788-25-000163","form_type":"8-K","ticker":"COIN","cik":"0001679788","company_name":"Coinbase Global, Inc.","filed_at":"2025-08-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.620002+00:00","generated_at":"2026-05-17T20:47:56.378620+00:00","sec_items":["8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Coinbase proposes $2.0B convertible notes (2029/2032) with $300M greenshoe option","bullets":["Offers $1.0B in 2029 notes and $1.0B in 2032 notes; initial purchasers can buy an extra $150M of each.","Expects capped call transactions to reduce dilution upon conversion; cost paid from offering proceeds.","Net proceeds for general corporate purposes, including repurchasing existing notes or shares.","Notes are senior unsecured, convertible into cash or Class A common stock at Coinbase's election.","Offered to qualified institutional buyers under Rule 144A; not registered under Securities Act."],"urls":{"canonical":"https://secwatch.observer/filing/0001679788-25-000163","json":"https://secwatch.observer/filing/0001679788-25-000163.json","markdown":"https://secwatch.observer/filing/0001679788-25-000163.md","text":"https://secwatch.observer/filing/0001679788-25-000163.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1679788/000167978825000163/0001679788-25-000163-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1679788/000167978825000163/coin-20250805.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T20:47:56.378620+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"}