{"schema_version":"secwatch.filing_event.v1","accession":"0000950103-26-011104","form_type":"8-K","ticker":"SNBR","cik":"0000827187","company_name":"Sleep Number Corp","filed_at":"2026-07-23T21:20:56+00:00","discovered_at":"2026-07-23T21:22:00.306363+00:00","generated_at":"2026-07-23T21:22:06.717113+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Sleep Number raises asset sale price to $529.5M in amended stalking horse deal","bullets":["Base purchase price increased from $415M to $529.5M cash, subject to adjustments.","Adjustment escrow reduced from $25M to $10M; certain price deductions eliminated.","New closing condition: Seller must fund $5.19M 'Stub Rent Reserve' for unpaid lease obligations.","Transaction part of Chapter 11 bankruptcy; requires Bankruptcy Court approval and antitrust clearance.","Amended agreement follows July 18, 2026 auction; eliminates minimum marketing spend covenant."],"urls":{"canonical":"https://secwatch.observer/filing/0000950103-26-011104","json":"https://secwatch.observer/filing/0000950103-26-011104.json","markdown":"https://secwatch.observer/filing/0000950103-26-011104.md","text":"https://secwatch.observer/filing/0000950103-26-011104.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/827187/000095010326011104/0000950103-26-011104-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/827187/000095010326011104/dp250511_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-23T21:22:06.717113+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"}