{"schema_version":"secwatch.filing_event.v1","accession":"0000929638-23-000899","form_type":"8-K","ticker":"FRPT","cik":"0001611647","company_name":"Freshpet, Inc.","filed_at":"2023-03-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.825716+00:00","generated_at":"2026-06-17T18:24:27.122430+00:00","sec_items":["1.01","2.03","3.02","8.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Freshpet closes $402.5M 3.00% convertible notes due 2028; capped call limits dilution to $120.23","bullets":["Issued $402.5M aggregate principal of 3.00% convertible senior notes due April 1, 2028.","Initial conversion price ~$69.68 per share; capped call hedge raises effective premium to 120% ($120.23).","Net proceeds of ~$391.4M; used for capped call costs, fees, and general corporate purposes.","No dilution to existing shareholders until stock exceeds $120.23 per share.","Notes are senior unsecured with no financial covenants; interest payable semi-annually."],"urls":{"canonical":"https://secwatch.observer/filing/0000929638-23-000899","json":"https://secwatch.observer/filing/0000929638-23-000899.json","markdown":"https://secwatch.observer/filing/0000929638-23-000899.md","text":"https://secwatch.observer/filing/0000929638-23-000899.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1611647/000092963823000899/0000929638-23-000899-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1611647/000092963823000899/a8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T18:24:27.122430+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":"a9b61fb3ebc8bb2457d2a9d3491f9332b24e5086","claim":"Freshpet, Inc. entered into Indenture with U.S. Bank Trust Company, National Association, as trustee valued at $402,500,000 (effective 2023-03-20).","evidence_excerpt":"On March 20, 2023, Freshpet, Inc. (the “ Company ”) issued $402,500,000 principal amount of its 3.00% Convertible Senior Notes due 2028 (the “ Notes ”). The Notes were issued pursuant to, and are governed by, an indenture (the “ Indenture ”), dated as of March 20, 2023, between the Company and U.S. Bank Trust Company, National Association, as trustee (the “ Trustee ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1611647/000092963823000899/0000929638-23-000899-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association, as trustee"},{"label":"Value","value":"$402,500,000"},{"label":"Effective","value":"2023-03-20"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}