{"schema_version":"secwatch.filing_event.v1","accession":"0000850429-21-000077","form_type":"8-K","ticker":"TG","cik":"0000850429","company_name":"TREDEGAR CORP","filed_at":"2021-11-29T23:59:59+00:00","discovered_at":"2026-05-14T18:04:15.849830+00:00","generated_at":"2026-06-28T05:14:30.619699+00:00","sec_items":["8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Tredegar to sell 18% kaleo stake for $45.8M; Marathon Asset Management provides liquidity event","bullets":["Tredegar expects cash proceeds of $45.8M from sale of 3,382,473 kaleo shares at $13.53 per share (including accrued dividends).","Potential additional payments: up to $1.4M within 6 months of closing, and up to $5.5M in 2023 and $8.3M in 2024 based on kaleo revenue targets.","Estimated fair value of investment was $35.5M as of Sep 30, 2021; aggregate cost basis was $7.5M with a tax basis of $15.4M.","Tredegar received a $17.6M cash dividend from kaleo in April 2019; expects to use $25M capital loss carryforwards to offset gains.","Closing anticipated by December 31, 2021, subject to customary conditions."],"urls":{"canonical":"https://secwatch.observer/filing/0000850429-21-000077","json":"https://secwatch.observer/filing/0000850429-21-000077.json","markdown":"https://secwatch.observer/filing/0000850429-21-000077.md","text":"https://secwatch.observer/filing/0000850429-21-000077.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/850429/000085042921000077/0000850429-21-000077-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/850429/000085042921000077/tg-20211129.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T05:14:30.619699+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"}