{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-097477","form_type":"8-K/A","ticker":null,"cik":"0001752474","company_name":"KLDiscovery Inc.","filed_at":"2024-08-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:14.407338+00:00","generated_at":"2026-05-31T09:03:18.573656+00:00","sec_items":["3.02","1.01","1.02","2.03","5.03","5.01","5.02","5.07","7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"KLDiscovery completes restructuring; debentures exchanged for 96% equity; new $50M loan at 17%","bullets":["Convertible debentures exchanged for 96% of fully-diluted common stock; old equity holders diluted to 4%.","Entered $50M second-lien loan at 17% PIK interest; proceeds used to repay credit facility and transaction costs.","Term loan maturity extended 18 months to August 2027; rate increased 100 bps; commitment fee 0.75%.","Board reduced to 7 directors; MGG and OTPP each designate two; CEO Chris Weiler remains; new chair Michael Suchsland.","New certificate authorizes 2.5B Class A, 1B Class B-1, 1B Class B-2 shares with differentiated voting rights."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-097477","json":"https://secwatch.observer/filing/0000950170-24-097477.json","markdown":"https://secwatch.observer/filing/0000950170-24-097477.md","text":"https://secwatch.observer/filing/0000950170-24-097477.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1752474/000095017024097477/0000950170-24-097477-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1752474/000095017024097477/kldi-20240815.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T09:03:18.573656+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":[{"claim_id":"0694e9a82e","claim":"Michael Suchsland was appointed as Chairperson of the Board at KLDiscovery Inc..","evidence_excerpt":"the Board selected Michael Suchsland as the new Chairperson of the Board.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1752474/000095017024097477/0000950170-24-097477-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"selected"},{"label":"Role","value":"Chairperson of the Board"}],"fact_type":"executive_change"},{"claim_id":"0ffdc3c4b1","claim":"Jill Frizzley resigned as member of the board of directors at KLDiscovery Inc..","evidence_excerpt":"each of Ian Fujiyama, Jill Frizzley, Neal P. 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Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}