{"schema_version":"secwatch.filing_event.v1","accession":"0000768835-25-000004","form_type":"8-K","ticker":null,"cik":"0000768835","company_name":"FORMER BL STORES INC","filed_at":"2025-02-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.316494+00:00","generated_at":"2026-05-26T17:59:36.313412+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Big Lots files December operating report: $460K cumulative loss, zero cash; board overhauled","bullets":["Board appointed Elizabeth A. LaPuma as director; all other directors resigned effective Jan 31, 2025.","December operating report shows current month net loss of $161K, cumulative loss $460K since petition.","Cash balance zero at month-end; total assets $649M, total liabilities $182K (largely prepetition unsecured).","Company reiterates expectation that common shareholders will receive no recovery in Chapter 11.","No professional fees or postpetition borrowing during the period."],"urls":{"canonical":"https://secwatch.observer/filing/0000768835-25-000004","json":"https://secwatch.observer/filing/0000768835-25-000004.json","markdown":"https://secwatch.observer/filing/0000768835-25-000004.md","text":"https://secwatch.observer/filing/0000768835-25-000004.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/768835/000076883525000004/0000768835-25-000004-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/768835/000076883525000004/big-20250115.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T17:59:36.313412+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":[{"claim_id":"88cad79188","claim":"Elizabeth A. LaPuma was appointed as director at FORMER BL STORES INC.","evidence_excerpt":"On January 15, 2025, the Board of Directors of the Company (the “Board”) appointed Elizabeth A. LaPuma as a director to fill a vacancy on the Board.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/768835/000076883525000004/0000768835-25-000004-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}