{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-111485","form_type":"8-K","ticker":"SHBI","cik":"0001035092","company_name":"SHORE BANCSHARES INC","filed_at":"2025-11-13T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.604230+00:00","generated_at":"2026-05-16T20:06:11.892178+00:00","sec_items":["1.01","2.03","7.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"confidence":"high","headline":"Shore Bancshares completes $60M subordinated notes offering at 6.25% fixed rate","bullets":["$60M aggregate principal of 6.25% Fixed to Floating Rate Subordinated Notes due 2035 issued.","Notes initially bear 6.25% fixed for 5 years, then float at 3-month SOFR + 288 bps.","Intended to qualify as Tier 2 regulatory capital; proceeds for general corporate purposes and debt repayment.","Piper Sandler & Co. lead placement agent; Hovde Group co-placement agent.","Notes unsecured, subordinated, not guaranteed by subsidiaries; no conversion or sinking fund."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-111485","json":"https://secwatch.observer/filing/0001104659-25-111485.json","markdown":"https://secwatch.observer/filing/0001104659-25-111485.md","text":"https://secwatch.observer/filing/0001104659-25-111485.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1035092/000110465925111485/0001104659-25-111485-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1035092/000110465925111485/tm2530658d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T20:06:11.892178+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"}