{"schema_version":"secwatch.filing_event.v1","accession":"0000821130-26-000033","form_type":"8-K","ticker":"AD","cik":"0000821130","company_name":"ARRAY DIGITAL INFRASTRUCTURE, INC.","filed_at":"2026-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.789675+00:00","generated_at":"2026-05-14T21:17:00.776699+00:00","sec_items":["8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Array Digital receives non-binding buyout proposal from TDS (81.9% owner); forms special committee","bullets":["TDS (81.9% stock, 95.9% voting) proposes to acquire all outstanding AD shares not already owned.","Array's board forms Special Committee of three independent directors to evaluate proposal.","Special Committee retains PJT Partners (financial advisor) and Cravath Swaine & Moore (legal counsel).","Proposal is non-binding, conditioned on Special Committee recommendation and disinterested stockholder vote.","Shareholders need not take any action; no assurance a transaction will occur."],"urls":{"canonical":"https://secwatch.observer/filing/0000821130-26-000033","json":"https://secwatch.observer/filing/0000821130-26-000033.json","markdown":"https://secwatch.observer/filing/0000821130-26-000033.md","text":"https://secwatch.observer/filing/0000821130-26-000033.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/821130/000082113026000033/0000821130-26-000033-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/821130/000082113026000033/ad-20260508.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-14T21:17:00.776699+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"}