{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-100959","form_type":"8-K","ticker":"MERC","cik":"0001333274","company_name":"MERCER INTERNATIONAL INC.","filed_at":"2025-07-31T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.760412+00:00","generated_at":"2026-05-17T22:13:27.523924+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Mercer Q2 2025: net loss $86.1M, negative EBITDA, suspends dividend","bullets":["Net loss $86.1M ($1.29/share) vs loss $67.6M a year ago; Operating EBITDA negative $20.9M from +$30.4M.","Revenue $453.5M, down 9% YoY; NBSK pulp realizations fell 7% to $758/ADMT.","Quarterly dividend suspended due to global trade uncertainty; board cites prudent capital allocation.","\"One Goal One Hundred\" cost savings program targets $100M by 2026; $5M realized, on track for $25M in 2025.","Weaker dollar hurt EBITDA by ~$26M; $11M non-cash hardwood inventory impairment at Peace River mill."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-100959","json":"https://secwatch.observer/filing/0000950170-25-100959.json","markdown":"https://secwatch.observer/filing/0000950170-25-100959.md","text":"https://secwatch.observer/filing/0000950170-25-100959.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1333274/000095017025100959/0000950170-25-100959-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1333274/000095017025100959/merc-20250731.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T22:13:27.523924+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"}