{"filing":{"accession_number":"0001062993-26-003439","cik":"0001720424","ticker":"HIVE","company_name":"HIVE Digital Technologies Ltd.","form":"8-K","filing_date":"2026-06-30","report_date":null,"primary_document":"form8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1720424/000106299326003439/form8k.htm"},"events":[{"id":15199,"run_id":13566,"accession_number":"0001062993-26-003439","anchor_item_number":"2.03","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"summary":"HIVE Digital Technologies issued $130 million aggregate principal amount of 0% exchangeable senior notes due 2031 on June 30, 2026, through its wholly-owned Bermuda subsidiary with a full guarantee from HIVE. The notes are exchangeable into common shares at an initial exchange price of approximately $4.83 per share, with up to 26.9 million shares potentially issuable upon exchange, representing a material debt issuance with significant equity dilution potential.","company_name":"HIVE Digital Technologies Ltd.","ticker":"HIVE","filing_date":"2026-06-30","form":"8-K","submitted_at":null,"items":[{"id":12881,"accession_number":"0001062993-26-003439","item_number":"1.01","item_title":"Entry Into a Material Definitive Agreement","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"HIVE issued $130 million aggregate principal amount of 0% exchangeable senior notes due 2031 on June 30, 2026, pursuant to an indenture with U.S. Bank Trust Company as trustee. This is a material creation of a direct financial obligation. Although the notes are exchangeable into common shares, the primary event disclosed is the issuance of debt securities with customary terms, covenants, and events of default—a classic debt issuance under Item 1.01 and Item 2.03 framework.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-01T11:24:12.450761+00:00","company_name":"","ticker":null,"filing_date":""},{"id":12882,"accession_number":"0001062993-26-003439","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"HIVE issued US$130 million of 0% exchangeable senior notes due 2031 through its wholly-owned subsidiary HIVE Bermuda 2026 Ltd., with a full guarantee from HIVE. The notes are exchangeable into common shares at an initial exchange price of approximately US$4.83 per share. This represents a material creation of a direct financial obligation under Item 2.03, evidenced by the detailed terms, maturity date, exchange provisions, and redemption/repurchase rights disclosed in the exhibits.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-01T11:24:12.450761+00:00","company_name":"","ticker":null,"filing_date":""},{"id":12883,"accession_number":"0001062993-26-003439","item_number":"3.02","item_title":"Unregistered Sales of Equity Securities.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"HIVE issued US$130 million of 0% exchangeable senior notes due 2031 in a private offering to qualified institutional buyers under Rule 144A. The Item 3.02 disclosure explicitly states that up to 26,902,577 Common Shares may be issued upon exchange of the Notes at an initial exchange rate of 206.9429 shares per US$1,000 principal amount, representing a dilutive equity issuance. This is a material capital-raising transaction involving convertible debt with significant potential equity dilution.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-01T11:24:12.450761+00:00","company_name":"","ticker":null,"filing_date":""},{"id":12884,"accession_number":"0001062993-26-003439","item_number":"8.01","item_title":"Other Events.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"HIVE announced the pricing (June 25) and closing (June 30) of a US$130 million private offering of 0% exchangeable senior notes due 2031, including the full exercise of a US$15 million option. This is a material creation of a direct financial obligation—a debt issuance—disclosed under Item 8.01 via press releases. The exchangeable notes are general unsecured obligations guaranteed by HIVE, representing a significant capital raise for general corporate purposes and capital investment.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-01T11:24:12.450761+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":12881,"accession_number":"0001062993-26-003439","item_number":"1.01","item_title":"Entry Into a Material Definitive Agreement","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"HIVE issued $130 million aggregate principal amount of 0% exchangeable senior notes due 2031 on June 30, 2026, pursuant to an indenture with U.S. Bank Trust Company as trustee. This is a material creation of a direct financial obligation. Although the notes are exchangeable into common shares, the primary event disclosed is the issuance of debt securities with customary terms, covenants, and events of default—a classic debt issuance under Item 1.01 and Item 2.03 framework.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-01T11:24:12.450761+00:00","company_name":"HIVE Digital Technologies Ltd.","ticker":"HIVE","filing_date":"2026-06-30"},{"id":12882,"accession_number":"0001062993-26-003439","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"HIVE issued US$130 million of 0% exchangeable senior notes due 2031 through its wholly-owned subsidiary HIVE Bermuda 2026 Ltd., with a full guarantee from HIVE. The notes are exchangeable into common shares at an initial exchange price of approximately US$4.83 per share. This represents a material creation of a direct financial obligation under Item 2.03, evidenced by the detailed terms, maturity date, exchange provisions, and redemption/repurchase rights disclosed in the exhibits.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-01T11:24:12.450761+00:00","company_name":"HIVE Digital Technologies Ltd.","ticker":"HIVE","filing_date":"2026-06-30"},{"id":12883,"accession_number":"0001062993-26-003439","item_number":"3.02","item_title":"Unregistered Sales of Equity Securities.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"HIVE issued US$130 million of 0% exchangeable senior notes due 2031 in a private offering to qualified institutional buyers under Rule 144A. The Item 3.02 disclosure explicitly states that up to 26,902,577 Common Shares may be issued upon exchange of the Notes at an initial exchange rate of 206.9429 shares per US$1,000 principal amount, representing a dilutive equity issuance. This is a material capital-raising transaction involving convertible debt with significant potential equity dilution.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-01T11:24:12.450761+00:00","company_name":"HIVE Digital Technologies Ltd.","ticker":"HIVE","filing_date":"2026-06-30"},{"id":12884,"accession_number":"0001062993-26-003439","item_number":"8.01","item_title":"Other Events.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"HIVE announced the pricing (June 25) and closing (June 30) of a US$130 million private offering of 0% exchangeable senior notes due 2031, including the full exercise of a US$15 million option. This is a material creation of a direct financial obligation—a debt issuance—disclosed under Item 8.01 via press releases. The exchangeable notes are general unsecured obligations guaranteed by HIVE, representing a significant capital raise for general corporate purposes and capital investment.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-01T11:24:12.450761+00:00","company_name":"HIVE Digital Technologies Ltd.","ticker":"HIVE","filing_date":"2026-06-30"}]}
