{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-063631","form_type":"8-K/A","ticker":"AVAV","cik":"0001368622","company_name":"AeroVironment Inc","filed_at":"2025-06-27T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.079443+00:00","generated_at":"2026-05-18T15:38:29.619740+00:00","sec_items":["9.01","1.01","2.01","2.03","5.02","7.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"AeroVironment closes BlueHalo acquisition; BlueHalo has $729M debt due, going concern doubt","bullets":["Acquisition closed May 1; enterprise value ~$4.1B; AV issues ~18.5M shares, BlueHalo holders get 39.5% of combined co.","BlueHalo FY2024 revenue $794.8M, net loss $77.4M; FY2023 revenue $557.5M, net loss $59.1M.","BlueHalo has $729.4M current portion of notes payable; auditor raised substantial doubt about going concern.","AV drew $700M term loan and $225M revolver to finance acquisition and refinance BlueHalo debt.","Unaudited pro forma financials filed; BlueHalo also acquired Eqlipse in March 2024 for $729.9M equity."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-063631","json":"https://secwatch.observer/filing/0001104659-25-063631.json","markdown":"https://secwatch.observer/filing/0001104659-25-063631.md","text":"https://secwatch.observer/filing/0001104659-25-063631.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1368622/000110465925063631/0001104659-25-063631-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1368622/000110465925063631/tm2518865d1_8ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T15:38:29.619740+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":"2dd8c7b260dad250e05a3f2875686c5b80198b5e","claim":"AeroVironment Inc incurred term loan of $700.0 million.","evidence_excerpt":"On the Closing Date, the Company drew on a term loan with an initial principal amount of $700.0 million (the “Term Loan”)","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1368622/000110465925063631/0001104659-25-063631-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$700.0 million"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"8f6e2a6fe34368c25ba70544c81afcacbc35f656","claim":"AeroVironment Inc incurred revolving credit of $225.0 million.","evidence_excerpt":"drew $225.0 million from its revolving credit facility (the “Revolving Facility”)","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1368622/000110465925063631/0001104659-25-063631-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$225.0 million"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"20ac2ee1788f4cac0e41db6702685c4d676fbbb7","claim":"AeroVironment Inc completed an acquisition involving BlueHalo Financing Topco, LLC (closed 2025-05-01).","evidence_excerpt":"On May 1, 2025 (the “Closing Date”), AeroVironment, Inc. (the “Company”) announced that it closed its acquisition (the “Acquisition”) of BlueHalo Financing Topco, LLC","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1368622/000110465925063631/0001104659-25-063631-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"BlueHalo Financing Topco, LLC"},{"label":"Closing","value":"2025-05-01"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}