secwatch.observer — SEC 8-K summary
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Issuer:     Terran Orbital Corp (—)
CIK:        0001835512
Form:       8-K
Filed at:   2024-04-18T23:59:59+00:00
Accession:  0000950170-24-045633
Event type: other_material
Sentiment:  neutral
Materiality: 0.20
Item codes: 1.01, 3.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Terran Orbital amends rights agreement, removes 'Acting in Concert' definition
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- Amended Rights Agreement removes 'Acting in Concert' concept and clarifies beneficial ownership treatment for interest-in-kind payments.
- Agreement amends definition of 'Acquiring Person' to address right to pay interest in kind instead of cash.
- Agreement entered on April 18, 2024, with Continental Stock Transfer & Trust as rights agent.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1835512/000095017024045633/0000950170-24-045633-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1835512/000095017024045633/llap-20240418.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-045633

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer