{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-063761","form_type":"8-K","ticker":"SHIM","cik":"0001887944","company_name":"Shimmick Corp","filed_at":"2024-05-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.096719+00:00","generated_at":"2026-06-01T09:22:11.285277+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Shimmick closes $17.5M sale of foundation drilling assets; repays $10M credit facility","bullets":["Total consideration $17.5M: $15M cash plus $2.5M promissory note due Dec 27, 2024.","$10M of proceeds used to repay MidCap Financial revolving credit facility; remainder for costs and operations.","Company will continue working on certain existing foundation projects expected to complete by year-end.","Sale closed on May 21, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-063761","json":"https://secwatch.observer/filing/0000950170-24-063761.json","markdown":"https://secwatch.observer/filing/0000950170-24-063761.md","text":"https://secwatch.observer/filing/0000950170-24-063761.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1887944/000095017024063761/0000950170-24-063761-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1887944/000095017024063761/shim-20240523.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T09:22:11.285277+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"}