{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-084488","form_type":"8-K","ticker":"SEM","cik":"0001320414","company_name":"SELECT MEDICAL HOLDINGS CORP","filed_at":"2024-08-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:12.578855+00:00","generated_at":"2026-05-31T13:41:53.855640+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Select Medical completes Concentra IPO of 22.5M shares at $23.50, retains ~82% stake","bullets":["IPO of 22.5M shares of Concentra common stock at $23.50/share; net proceeds $499.7M.","IPO proceeds paid to SMC to repay intercompany debt; SMC retains ~82.23% of Concentra.","Select credit agreement amended; revolving commitments reduced from $770M to $550M.","Concentra entered into $1.25B credit facilities ($850M term loan, $400M revolver).","Concentra assumed $650M of 6.875% senior notes due 2032."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-084488","json":"https://secwatch.observer/filing/0001104659-24-084488.json","markdown":"https://secwatch.observer/filing/0001104659-24-084488.md","text":"https://secwatch.observer/filing/0001104659-24-084488.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1320414/000110465924084488/0001104659-24-084488-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1320414/000110465924084488/tm2420448d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T13:41:53.855640+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"}