{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-024897","form_type":"8-K","ticker":"XPER","cik":"0001788999","company_name":"Xperi Inc.","filed_at":"2025-02-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.872499+00:00","generated_at":"2026-05-26T07:07:08.848593+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Xperi enters $55M receivables securitization facility with PNC Bank","bullets":["Maximum borrowing capacity of $55M based on eligible trade receivables.","Facility structured through newly-formed SPV subsidiary Xperi SPV LLC.","Agreement dated Feb 21, 2025; terminates Feb 21, 2028, unless earlier.","Interest based on Term SOFR or Daily 1M SOFR; customary fees and covenants.","Obligations of Xperi SPV are non-recourse to Xperi, but Xperi guarantees performance."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-024897","json":"https://secwatch.observer/filing/0000950170-25-024897.json","markdown":"https://secwatch.observer/filing/0000950170-25-024897.md","text":"https://secwatch.observer/filing/0000950170-25-024897.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1788999/000095017025024897/0000950170-25-024897-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1788999/000095017025024897/xper-20250221.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T07:07:08.848593+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"}