{"schema_version":"secwatch.filing_event.v1","accession":"0001000623-23-000052","form_type":"8-K","ticker":"MATV","cik":"0001000623","company_name":"Mativ Holdings, Inc.","filed_at":"2023-08-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.808195+00:00","generated_at":"2026-06-11T21:05:45.391770+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Mativ Q2 adj EPS $0.51; proposes sale of Engineered Papers for $620M; cuts dividend to $0.10","bullets":["Sales $668.3M (+56.7% incl merger); organic sales -8%; GAAP loss $4.5M ($0.08/sh); adj EPS $0.51; adj EBITDA $87.4M.","Proposed sale of Engineered Papers for $620M (6.5x TTM EBITDA); net proceeds ~$575M to cut net debt 35%; close expected 4Q23.","Quarterly dividend reduced to $0.10 from $0.40; new $30M share repurchase program authorized.","Net debt $1,640M; leverage 4.2x; total liquidity $442M; 2Q23 operating cash flow positive $40.2M."],"urls":{"canonical":"https://secwatch.observer/filing/0001000623-23-000052","json":"https://secwatch.observer/filing/0001000623-23-000052.json","markdown":"https://secwatch.observer/filing/0001000623-23-000052.md","text":"https://secwatch.observer/filing/0001000623-23-000052.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1000623/000100062323000052/0001000623-23-000052-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1000623/000100062323000052/matv-20230809.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T21:05:45.391770+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":"4823dcfbef97beb11b8183ed8824b866afdbd1ba","claim":"Mativ Holdings, Inc. reported the quarter ended June 30, 2023 results: revenue $668.3 million, net income GAAP loss was $4.5 million, EPS GAAP EPS was $(0.08).","evidence_excerpt":"prior to the close of the merger. December 22, 2022 8-K includes reconciliations of periods prior to the merger. Mativ Second Quarter 2023 Highlights • Sales increased 56.7% to $668.3 million, reflecting the benefit of the merger; 8% organic sales decline with negative volume/mix offsetting price increases • GAAP loss was $4.5 million, GAAP EPS was $(0.08), which all","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1000623/000100062323000052/0001000623-23-000052-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended June 30, 2023"},{"label":"Revenue","value":"$668.3 million"},{"label":"Net income","value":"GAAP loss was $4.5 million"},{"label":"EPS","value":"GAAP EPS was $(0.08)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}