Form 8-K

8-K — ProCap Financial, Inc.

Accession: 0001493152-26-033515

Filed: 2026-07-16

Period: 2026-07-15

CIK: 0002076163

SIC: 6199 (FINANCE SERVICES)

Item: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

Item: Financial Statements and Exhibits

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UNITED

STATES

SECURITIES

AND EXCHANGE COMMISSION

Washington,

D.C. 20549

FORM

8-K

CURRENT

REPORT

Pursuant

to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date

of Report (Date of earliest event reported): July 15, 2026

ProCap

Financial, Inc.

(Exact

name of registrant as specified in its charter)

Delaware

001-42995

39-2767031

(State

or other jurisdiction

incorporation)

(Commission

File

Number)

(IRS

Employer

Identification

No.)

600

Lexington Avenue, Floor 2, New York, NY 10022

(Address

of principal executive offices) (Zip Code)

(305)

938-0912

(Registrant’s

telephone number, including area code)

Not

Applicable

(Former

name or former address, if changed since last report)

Check

the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under

any of the following provisions:

☐

Written communications pursuant to Rule 425 under the

Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the

Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b)

under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c)

under the Exchange Act (17 CFR 240.13e-4(c))

Title

of each class

Trading

Symbol(s)

Name

of each exchange on which registered

Common

Stock, par value $0.001 per share

BRR

The

Nasdaq Stock Market LLC

Redeemable

warrants, each whole warrant exercisable for one share of Common Stock at an exercise price of $11.50 per share

BRRWW

The

Nasdaq Stock Market LLC

Indicate

by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405

of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging

growth company ☒

an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying

with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item

5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of

Certain Officers

July 15, 2026 (the “Effective Date”), the Board of Directors (the “Board”) of ProCap Financial, Inc. (the “Company”)

elected Benjamin Buchanan (“Buchanan”) as an independent director of the Company, effective as of the Effective Date. He

is 40 years old.

Since

January 2025, Mr. Buchanan has served as the Chief Executive Officer of All Current, a provider of electrical solutions. From September

2019 to July 2022, Mr. Buchanan served as Chief Financial Officer for LindFast Solutions Group, the leading master distributor of fasteners

in North America. Mr. Buchanan then served as Executive Vice President and Chief Operating Officer of LindFast Solutions Group from July

2022 to October 2024. Prior to his time at LindFast Solutions Group, Mr. Buchanan served as the Chief Financial Officer of US Greenfiber,

a cellulose insulation manufacturer, from July 2018 to August 2019. Additionally, Mr. Buchanan has served on the board of directors of

Argus Monitoring Solutions since February 2022. Mr. Buchanan earned a degree in Economics from Samford University and an MBA from the

University of Kentucky. We believe Mr. Buchanan is well qualified to serve as a member of our board of directors due to his extensive

strategic, operational and broad business experience.

The

Board has determined that Buchanan satisfies the independence standards set forth in Nasdaq Listing Rule 5605(a)(2) and Rule 10A-3 under

the Securities Exchange Act of 1934, as amended.

Buchanan

has been appointed to serve on the following committees of the Board: the Audit Committee, Compensation Committee, and Nomination and

Governance Committee. Buchanan’s appointment to the Audit Committee restores the Audit Committee to three members and brings the

Company into compliance with the requirements of Nasdaq Listing Rule 5605(c)(2)(A). Buchanan’s appointment also restores a majority

of independent directors on the Board, bringing the Company into compliance with the requirements of Nasdaq Listing Rule 5605(b).

There

are no arrangements or understandings between Buchanan and any other persons pursuant to which Buchanan was selected as a director. There

are no family relationships between Buchanan and any director or executive officer of the Company. There are no transactions in which

Buchanan has an interest requiring disclosure under Item 404(a) of Regulation S-K (17 CFR 229.404(a)).

Buchanan

will participate in the Company’s standard non-employee director compensation program, the terms of which were previously disclosed

in the Company’s most recent proxy statement filed with the SEC on March 2, 2026. Mr. Buchanon’s compensation will be prorated

to reflect the commencement date of his Board service.

Item

9.01 Financial Statements and Exhibits

The

following exhibits are filed as part of this Current Report on Form 8-K.

(d)

Exhibits.

Exhibit

No.

Description

104

Cover

Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant

to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by

the undersigned hereunto duly authorized.

ProCap

Financial, Inc.

Date:

July

16, 2026

By:

/s/

Kyle Wood

Name:

Kyle Wood

Title:

Chief Legal Officer

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Entity Registrant Name

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Entity Central Index Key

0002076163

Entity Tax Identification Number

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Entity Incorporation, State or Country Code

Entity Address, Address Line One

600

Lexington Avenue

Entity Address, Address Line Two

Floor 2

Entity Address, City or Town

New York

Entity Address, State or Province

Entity Address, Postal Zip Code

10022

City Area Code

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Title of 12(b) Security

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Security Exchange Name

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Redeemable warrants, each whole warrant exercisable for one share of Common Stock at an exercise price of $11.50 per share

Title of 12(b) Security

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