{"schema_version":"secwatch.filing_event.v1","accession":"0000058361-26-000012","form_type":"8-K","ticker":"LEE","cik":"0000058361","company_name":"LEE ENTERPRISES, Inc","filed_at":"2026-02-10T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.451827+00:00","generated_at":"2026-05-16T03:43:21.714581+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"confidence":"high","headline":"Lee Q1 Adj EBITDA up 61% YoY, closes $50M equity placement, debt rate cut to 5%","bullets":["Q1 total operating revenue $130M; Adjusted EBITDA $12M vs $7M prior year, including $2M cyber insurance reimbursement.","$50M common stock private placement closed; interest rate on $455M debt reduced to 5% from 9% for 5 years, saving ~$18M annually.","Digital revenue $70M (54% of total); digital-only subs 609K; digital-only sub revenue $23M (+5% YoY).","Net loss $5M; cash $13M; debt $455M; FY26 guidance: mid-single-digit Adj EBITDA growth.","Strategic termination of fully funded pension plan to eliminate balance sheet volatility."],"urls":{"canonical":"https://secwatch.observer/filing/0000058361-26-000012","json":"https://secwatch.observer/filing/0000058361-26-000012.json","markdown":"https://secwatch.observer/filing/0000058361-26-000012.md","text":"https://secwatch.observer/filing/0000058361-26-000012.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/58361/000005836126000012/0000058361-26-000012-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/58361/000005836126000012/lee-20260210.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T03:43:21.714581+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"}