{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-088333","form_type":"8-K","ticker":"KIDS","cik":"0001425450","company_name":"ORTHOPEDIATRICS CORP","filed_at":"2024-08-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:13.020235+00:00","generated_at":"2026-05-31T09:59:59.917186+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"OrthoPediatrics closes $25M term loan and $50M convertible notes issuance","bullets":["$25M term loan from Braidwell LP funded on August 12, 2024.","Issued $50M aggregate principal of 4.75% Convertible Senior Notes due Feb 15, 2030 to Braidwell.","Initial conversion rate of 33.8294 shares per $1,000 principal, maximum 1,691,470 shares issuable.","Notes issued under Section 4(a)(2) in a private placement; resale restricted to QIBs for 12 months.","Transactions were previously announced on August 5, 2024; closing occurred on August 12, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-088333","json":"https://secwatch.observer/filing/0001104659-24-088333.json","markdown":"https://secwatch.observer/filing/0001104659-24-088333.md","text":"https://secwatch.observer/filing/0001104659-24-088333.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1425450/000110465924088333/0001104659-24-088333-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1425450/000110465924088333/tm2421268d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T09:59:59.917186+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"}