procap-financial-dec-2028-conv

ProCap Financial Inc.

Notes

2x collateralized by cash or BTC
Formed via SPAC merger with Columbus Circle Capital

Outstanding

$100.00M

Issue date

2025-12-05

Principal

$235.00M

Coupon

0.00%

Maturity

2028-12-05

Conversion price

$13

Terms sources(1)

Form 8-K (Business combination & convertible notes)
Business combination closing terms
ProCap Financial Inc. — 2025-12-11
Source

Outstanding history(2)

As of	Outstanding	Kind	Locator	Source
2026-02-09	$100.00M	REPORTED	—	Source
2025-12-05	$235.00M	INFERRED	—	—

2026-02-09 — $100,000,000 — REPORTED
filing — ProCap Financial Inc.
Source
2025-12-05 — $235,000,000 — INFERRED