{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-065693","form_type":"8-K","ticker":"ALTG","cik":"0001759824","company_name":"ALTA EQUIPMENT GROUP INC.","filed_at":"2025-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.616211+00:00","generated_at":"2026-05-22T08:37:39.355727+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Alta Q1 net loss $21.7M; divests Chicago aerial fleet; suspends dividend, boosts buyback to $30M","bullets":["Total revenue $423.0M (-4.2% YoY); net loss available to common $21.7M ($0.65 diluted loss per share).","Adjusted EBITDA $33.6M vs $34.1M YoY; organic FY2025 Adj. EBITDA guidance reaffirmed at $171.5M-$186.5M.","Divested Chicago aerial rental fleet for $18M cash (implied EV ~$20M; annual Adj. EBITDA ~$4M); proceeds to reduce debt.","Board increased share repurchase authorization from $20M to $30M; allocated $10M to a Rule 10b5-1 plan.","Quarterly common dividend suspended indefinitely after May 30, 2025 payment; preferred dividend unchanged."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-065693","json":"https://secwatch.observer/filing/0000950170-25-065693.json","markdown":"https://secwatch.observer/filing/0000950170-25-065693.md","text":"https://secwatch.observer/filing/0000950170-25-065693.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1759824/000095017025065693/0000950170-25-065693-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1759824/000095017025065693/altg-20250507.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T08:37:39.355727+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"}