{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-027027","form_type":"8-K","ticker":null,"cik":"0001674365","company_name":"Aptinyx Inc.","filed_at":"2023-03-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.093606+00:00","generated_at":"2026-06-18T18:18:13.530891+00:00","sec_items":["2.05"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Aptinyx cuts workforce by ~60% under restructuring plan; expects $1.4M severance costs","bullets":["Workforce reduction of approximately 60%, substantially complete by March 3, 2023.","Estimated severance and related costs of approximately $1.4 million, recorded primarily in Q1 2023.","Plan approved by Board on February 26, 2023 to reduce operating costs and align workforce with business needs."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-027027","json":"https://secwatch.observer/filing/0001104659-23-027027.json","markdown":"https://secwatch.observer/filing/0001104659-23-027027.md","text":"https://secwatch.observer/filing/0001104659-23-027027.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1674365/000110465923027027/0001104659-23-027027-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1674365/000110465923027027/tm238175d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T18:18:13.530891+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":"9a1c752b24467c1ca61c253f586c3e544bdce314","claim":"Aptinyx Inc. announced a restructuring with charges of approximately $1.4 million (approximately 60%).","evidence_excerpt":"On February 26, 2023, the Board of Directors (the “Board”) of Aptinyx, Inc. (the “Company”) approved a restructuring plan (the “Plan”) to reduce the Company’s operating costs and better align its workforce with the needs of its business. Under the Plan, the Company is reducing its workforce by approximately 60%, to be substantially completed by March 3, 2023. The Company expects to incur estimated severance and related costs of approximately $1.4 million, which will be recorded primarily in the first quarter of 2023.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1674365/000110465923027027/0001104659-23-027027-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $1.4 million"},{"label":"Headcount","value":"approximately 60%"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}