{"schema_version":"secwatch.filing_event.v1","accession":"0001679788-25-000171","form_type":"8-K","ticker":"COIN","cik":"0001679788","company_name":"Coinbase Global, Inc.","filed_at":"2025-08-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.620297+00:00","generated_at":"2026-05-17T16:39:18.596803+00:00","sec_items":["1.01","2.03","3.02","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Coinbase completes $3B zero-coupon convertible note offering due 2029 and 2032","bullets":["Issued $1.5B aggregate of 0% convertible notes due 2029 and $1.5B due 2032, including full greenshoe.","Net proceeds ~$2.957B; $224.3M used for capped call transactions to reduce dilution.","Initial conversion prices: $454.44 (2029 notes, ~52.5% premium) and $394.84 (2032 notes, ~32.5% premium).","Remaining proceeds for general corporate purposes, including potential buybacks and debt repurchases."],"urls":{"canonical":"https://secwatch.observer/filing/0001679788-25-000171","json":"https://secwatch.observer/filing/0001679788-25-000171.json","markdown":"https://secwatch.observer/filing/0001679788-25-000171.md","text":"https://secwatch.observer/filing/0001679788-25-000171.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1679788/000167978825000171/0001679788-25-000171-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1679788/000167978825000171/coin-20250808.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T16:39:18.596803+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"}