{"schema_version":"secwatch.filing_event.v1","accession":"0001023459-23-000017","form_type":"8-K","ticker":"SLP","cik":"0001023459","company_name":"Simulations Plus, Inc.","filed_at":"2023-01-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:43.547827+00:00","generated_at":"2026-06-20T15:47:49.410109+00:00","sec_items":["1.01","2.03","7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Simulations Plus launches $20M accelerated share repurchase under $50M buyback plan","bullets":["Enters ASR with Morgan Stanley; initial payment of $20M, receives ~409k shares.","Final repurchase based on VWAP during term, expected to settle by Q3 fiscal 2023.","Part of $50M buyback program authorized Dec 29, 2022; $30M remains available.","Funding from available cash; aligns with updated capital allocation strategy including potential M&A and internal investment."],"urls":{"canonical":"https://secwatch.observer/filing/0001023459-23-000017","json":"https://secwatch.observer/filing/0001023459-23-000017.json","markdown":"https://secwatch.observer/filing/0001023459-23-000017.md","text":"https://secwatch.observer/filing/0001023459-23-000017.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1023459/000102345923000017/0001023459-23-000017-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1023459/000102345923000017/slp-20230111.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T15:47:49.410109+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":"29eb0007d884aa4cfe6c3248f6b47e5c06965e82","claim":"Simulations Plus, Inc. entered into accelerated share repurchase agreement with Morgan Stanley & Co. LLC valued at $20 million (effective 2023-01-11).","evidence_excerpt":"On January 11, 2023, Simulations Plus, Inc., a California corporation (the “Company”), entered into an accelerated share repurchase agreement (the “ASR Agreement”) with Morgan Stanley & Co. LLC (“Morgan Stanley”) to repurchase an aggregate of $20 million of the Company’s outstanding common shares.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1023459/000102345923000017/0001023459-23-000017-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Morgan Stanley & Co. LLC"},{"label":"Value","value":"$20 million"},{"label":"Effective","value":"2023-01-11"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}