{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-093094","form_type":"8-K","ticker":"CMRC","cik":"0001626450","company_name":"Commerce.com, Inc.","filed_at":"2024-08-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:13.858363+00:00","generated_at":"2026-05-31T10:57:44.275080+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"BigCommerce exchanges $161.2M of 0.25% convertible notes for $150M of 7.5% notes due 2028","bullets":["Exchanged $161.2M of 0.25% notes due 2026 for $150M of 7.5% notes due 2028.","New notes mature Oct 1, 2028; interest semi-annual at 7.5% starting Oct 1, 2024.","Initial conversion price $16.00/share (62.5 shares per $1,000 principal).","Issuer may redeem notes after Oct 7, 2026 if stock exceeds 130% of conversion price.","Holders can force repurchase on Fundamental Change at principal plus accrued interest."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-093094","json":"https://secwatch.observer/filing/0000950170-24-093094.json","markdown":"https://secwatch.observer/filing/0000950170-24-093094.md","text":"https://secwatch.observer/filing/0000950170-24-093094.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1626450/000095017024093094/0000950170-24-093094-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1626450/000095017024093094/bigc-20240807.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T10:57:44.275080+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"}