{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-050011","form_type":"8-K","ticker":"LNWO","cik":"0000750004","company_name":"Light & Wonder, Inc.","filed_at":"2025-05-16T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.152096+00:00","generated_at":"2026-05-21T03:55:12.683248+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Light & Wonder completes $850M acquisition of Grover Gaming, financed with $800M term loan","bullets":["Acquired Grover Gaming charitable gaming business for $850M cash, plus up to $200M four-year earn-out.","Entered $800M Term Loan A facility maturing May 2028, secured by assets and guaranteed.","Loan pricing: Adjusted Term SOFR +1.75% or base rate +0.75%; amortizes quarterly.","Proceeds used to finance acquisition; first amortization payment due Sep 30, 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-050011","json":"https://secwatch.observer/filing/0001104659-25-050011.json","markdown":"https://secwatch.observer/filing/0001104659-25-050011.md","text":"https://secwatch.observer/filing/0001104659-25-050011.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/750004/000110465925050011/0001104659-25-050011-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/750004/000110465925050011/tm2515308d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-21T03:55:12.683248+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"}