{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-044104","form_type":"8-K","ticker":"ASTE","cik":"0000792987","company_name":"ASTEC INDUSTRIES INC","filed_at":"2025-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.289679+00:00","generated_at":"2026-05-22T23:21:41.793941+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Astec to acquire TerraSource Holdings for $245M in cash-free, debt-free deal","bullets":["Total consideration of $245M on a cash-free, debt-free basis, subject to customary purchase price adjustments.","Acquisition funded by new $150M revolver and $350M term loan from Wells Fargo, plus cash on hand.","Closing expected by August 1, 2025, conditioned on HSR clearance and other customary conditions.","Astec required to pay a $15M termination fee if it fails to close when all conditions are met.","TerraSource manufactures material processing equipment for crushing, screening, and separation, complementing Astec's portfolio."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-044104","json":"https://secwatch.observer/filing/0001104659-25-044104.json","markdown":"https://secwatch.observer/filing/0001104659-25-044104.md","text":"https://secwatch.observer/filing/0001104659-25-044104.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/792987/000110465925044104/0001104659-25-044104-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/792987/000110465925044104/tm2513690d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T23:21:41.793941+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"}