{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-085185","form_type":"8-K","ticker":"SRTA","cik":"0001779128","company_name":"Strata Critical Medical, Inc.","filed_at":"2025-08-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.962228+00:00","generated_at":"2026-05-17T09:17:06.389056+00:00","sec_items":["1.01","2.01","5.02","5.03","7.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Strata Critical Medical closes Passenger sale to Joby for ~$76M in stock; shifts to medical transport","bullets":["Completed sale of Passenger business to Joby Aero on Aug 29; received ~$76M in 5.3M Joby shares, plus up to $35M earnout and $10M holdbacks.","Name changed to Strata Critical Medical; Nasdaq tickers become SRTA (common) and SRTAW (warrants).","Melissa Tomkiel and William Heyburn appointed co-CEOs; both join Board; directors Borthwick and Lerer resigned.","Pro forma shows continuing ops net loss of $1.45M for H1 2025 vs $7.24M reported, reflecting Passenger divestiture.","Company issued updated FY2025 financial guidance; see press release Exhibit 99.2 for details."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-085185","json":"https://secwatch.observer/filing/0001104659-25-085185.json","markdown":"https://secwatch.observer/filing/0001104659-25-085185.md","text":"https://secwatch.observer/filing/0001104659-25-085185.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1779128/000110465925085185/0001104659-25-085185-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1779128/000110465925085185/tm2524340d2_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T09:17:06.389056+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":"4289a9c7350e0558ba0cb1b30ea5ce7741c9a791","claim":"Strata Critical Medical, Inc.: Adopted amended bylaws reflecting name change and other governance revisions (effective 2025-08-28).","evidence_excerpt":"Additionally, on August 28, 2025, the Board approved an amendment to the Company’s Amended and Restated Bylaws (as so amended and restated, the “Amended Bylaws”).","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1779128/000110465925085185/0001104659-25-085185-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"bylaw amendment"},{"label":"Effective","value":"2025-08-28"}],"fact_type":"governance_change"},{"claim_id":"84ec26df52de1765f1d1a242a6b0825e3a73a228","claim":"Strata Critical Medical, Inc.: Amended charter to change company name to Strata Critical Medical, Inc (effective 2025-08-28).","evidence_excerpt":"On August 28, 2025, Board approved an amendment to the Company’s Second Amended Restated Certificate of Incorporation, as amended (the “Charter”), to change the Company’s name to Strata Critical Medical, Inc.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1779128/000110465925085185/0001104659-25-085185-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2025-08-28"}],"fact_type":"governance_change"},{"claim_id":"b2885959117c81a8aa87fea4939f06ba728930b7","claim":"Strata Critical Medical, Inc. completed a disposition involving Joby Aero, Inc. for approximately $76.0 million (closed 2025-08-29).","evidence_excerpt":"of Joby Aviation. The purchase price received by the Company upon the consummation of the transactions contemplated by the Purchase Agreement (the “Closing”) was approximately $76.0 million (assuming the closing price per share of $14.27 of Joby Aviation’s common stock as of August 28, 2025), after giving effect to pre-Closing adjustments and indemnity holdbacks","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1779128/000110465925085185/0001104659-25-085185-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"Joby Aero, Inc."},{"label":"Consideration","value":"approximately $76.0 million"},{"label":"Closing","value":"2025-08-29"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}