{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-22-103325","form_type":"8-K","ticker":"MBIN","cik":"0001629019","company_name":"Merchants Bancorp","filed_at":"2022-09-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:56.416057+00:00","generated_at":"2026-06-23T07:14:40.977235+00:00","sec_items":["3.03","5.03","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Merchants Bancorp closes $130M preferred stock offering; net proceeds ~$125.3M","bullets":["Issued 5.2M depositary shares (1/40th interest) of 8.25% Fixed Rate Reset Series D Preferred Stock at $25/share.","Net proceeds of approximately $125.3M after underwriting discounts and estimated expenses.","Underwriters granted 30-day option to purchase up to 780k additional depositary shares for over-allotments.","Joint book-runners: Piper Sandler & Co., Morgan Stanley & Co. LLC, UBS Securities LLC.","Articles of amendment filed to authorize 149,500 shares of Series D Preferred Stock."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-22-103325","json":"https://secwatch.observer/filing/0001104659-22-103325.json","markdown":"https://secwatch.observer/filing/0001104659-22-103325.md","text":"https://secwatch.observer/filing/0001104659-22-103325.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1629019/000110465922103325/0001104659-22-103325-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1629019/000110465922103325/tm2226710d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T07:14:40.977235+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"}