{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-22-124911","form_type":"8-K","ticker":"MSAI","cik":"0001863990","company_name":"MultiSensor AI Holdings, Inc.","filed_at":"2022-12-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:52.827170+00:00","generated_at":"2026-06-21T09:11:09.038409+00:00","sec_items":["1.01","3.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"SportsMap Tech to acquire Infrared Cameras Holdings in all-stock merger valued at ~$100M base equity","bullets":["Base equity value of $100M adjusted for debt, cash, and option exercises; consideration in SPAC common stock at $10/share.","Earnout of up to 2.4M shares if stock hits $12.50 or ICI revenue reaches $68.5M by Dec 2024.","Transaction expected to close first half of 2023, subject to SPAC stockholder approval and other conditions.","Sponsor and major holders agreed to vote in favor and subject to lock-up: 50% released after 6 months or $12.50 trigger.","ICI stockholders to receive registration rights; debt and cash adjustments affect final exchange ratio."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-22-124911","json":"https://secwatch.observer/filing/0001104659-22-124911.json","markdown":"https://secwatch.observer/filing/0001104659-22-124911.md","text":"https://secwatch.observer/filing/0001104659-22-124911.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1863990/000110465922124911/0001104659-22-124911-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1863990/000110465922124911/tm2232010d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T09:11:09.038409+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":"4115b7e52309971f88ef2d73e7b0f99b25c8cb2b","claim":"MultiSensor AI Holdings, Inc. entered into Business Combination Agreement with Infrared Cameras Holdings, Inc. (effective 2022-12-05).","evidence_excerpt":"On December 5, 2022, SportsMap Tech Acquisition Corp., a Delaware corporation (“ SportsMap ”), entered into a Business Combination Agreement (as it may be amended, supplemented or otherwise modified from time to time, the “ Business Combination Agreement ”), by and among SportsMap, Infrared Cameras Holdings, Inc., a Delaware corporation (“ ICI ”), and ICH Merger Sub Inc., a Delaware corporation and a wholly-owned subsidiary of SportsMap (“ Merger Sub ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1863990/000110465922124911/0001104659-22-124911-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"Infrared Cameras Holdings, Inc."},{"label":"Effective","value":"2022-12-05"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}