{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-103243","form_type":"8-K","ticker":"ISSC","cik":"0000836690","company_name":"INNOVATIVE SOLUTIONS & SUPPORT INC","filed_at":"2023-09-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.766037+00:00","generated_at":"2026-06-10T09:58:50.523695+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Innovative Solutions and Support enters $40M ATM equity offering with Stifel","bullets":["Up to $40M of common stock may be sold at market through Stifel as sales agent.","Agent compensation capped at 3.0% of gross proceeds per share sold.","Company not obligated to sell shares; sales depend on market conditions and price.","Proceeds for general corporate purposes including debt repayment, acquisitions, and working capital.","Shares offered under effective shelf registration; prospectus supplement filed Sep 22, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-103243","json":"https://secwatch.observer/filing/0001104659-23-103243.json","markdown":"https://secwatch.observer/filing/0001104659-23-103243.md","text":"https://secwatch.observer/filing/0001104659-23-103243.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/836690/000110465923103243/0001104659-23-103243-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/836690/000110465923103243/tm2326706d2_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T09:58:50.523695+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":"f9d2c461af570e39fbc5e04b636a4dcec9230ba6","claim":"INNOVATIVE SOLUTIONS & SUPPORT INC entered into ATM Sales Agreement with Stifel, Nicolaus & Company, Incorporated valued at up to $40 million (effective 2023-09-22).","evidence_excerpt":"On September 22, 2023, Innovative Solutions and Support, Inc., a Pennsylvania corporation (the “Company”), entered into an at-the-market equity offering Sales Agreement (the “ATM Sales Agreement”) with Stifel, Nicolaus & Company, Incorporated (the “Sales Agent”), pursuant to which the Company may offer and sell from time to time through the Sales Agent up to $40 million of shares of its common stock","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/836690/000110465923103243/0001104659-23-103243-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"atm program"},{"label":"Counterparty","value":"Stifel, Nicolaus & Company, Incorporated"},{"label":"Value","value":"up to $40 million"},{"label":"Effective","value":"2023-09-22"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}