{"schema_version":"secwatch.filing_event.v1","accession":"0000950123-21-012001","form_type":"8-K","ticker":"SNAP","cik":"0001564408","company_name":"Snap Inc","filed_at":"2021-09-01T23:59:59+00:00","discovered_at":"2026-05-14T18:04:18.593595+00:00","generated_at":"2026-06-29T06:27:41.727875+00:00","sec_items":["3.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Snap to exchange ~$302M of 0.25% convertible notes for 14M shares of Class A common stock","bullets":["Exchange agreements with noteholders covering $302.4M principal of 0.25% Convertible Senior Notes due 2025.","Consideration: 14,011,617 shares of Class A common stock; expected close Sept 1, 2021.","On July 16, 2021, issued 84,174 shares as consideration for an acquisition of a technology company.","Both issuances are unregistered, relying on Section 4(a)(2) or other exemptions.","Notes exchanged reduce debt but dilute existing shareholders by ~1% based on current shares outstanding."],"urls":{"canonical":"https://secwatch.observer/filing/0000950123-21-012001","json":"https://secwatch.observer/filing/0000950123-21-012001.json","markdown":"https://secwatch.observer/filing/0000950123-21-012001.md","text":"https://secwatch.observer/filing/0000950123-21-012001.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1564408/000095012321012001/0000950123-21-012001-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1564408/000095012321012001/d201094d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-29T06:27:41.727875+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"}