{"schema_version":"secwatch.filing_event.v1","accession":"0001679788-25-000167","form_type":"8-K","ticker":"COIN","cik":"0001679788","company_name":"Coinbase Global, Inc.","filed_at":"2025-08-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.620134+00:00","generated_at":"2026-05-17T19:37:12.129055+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 prices $2.6B upsized 0% convertible senior notes offering","bullets":["Priced $1.3B of 0% convertible notes due 2029 and $1.3B due 2032; up from previously announced $2.0B.","Initial conversion prices: $454.44/share (52.5% premium) for 2029 notes; $394.84/share (32.5% premium) for 2032 notes.","Net proceeds of ~$2.56B ($2.96B if greenshoe fully exercised); $194.4M used for capped call transactions.","Proceeds for general corporate purposes including potential repurchase of existing debt and Class A common stock.","Capped call transactions entered to reduce dilution; settlement expected August 8, 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001679788-25-000167","json":"https://secwatch.observer/filing/0001679788-25-000167.json","markdown":"https://secwatch.observer/filing/0001679788-25-000167.md","text":"https://secwatch.observer/filing/0001679788-25-000167.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1679788/000167978825000167/0001679788-25-000167-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1679788/000167978825000167/coin-20250805.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T19:37:12.129055+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"}