{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-000197","form_type":"8-K","ticker":"ALMS","cik":"0001847367","company_name":"ALUMIS INC.","filed_at":"2026-01-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.521024+00:00","generated_at":"2026-05-16T11:49:46.326829+00:00","sec_items":["8.01"],"event_type":"litigation","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Alumis sends material breach notice to Climb Bio over $3M milestone; Climb Bio files declaratory judgment action","bullets":["Climb Bio failed to pay $3,000,000 Development Milestone due Jan 1, 2026 under the Asset Purchase Agreement.","Climb Bio filed a declaratory judgment action in Delaware Superior Court on Dec 31, 2025 claiming budoprutug is not a 'Product' under the APA.","Alumis intends to seek the $3M milestone payment, interest, indemnification for attorneys' fees and costs.","Total milestone payments under APA could reach $157.5M plus royalties and sublicense income per Climb Bio's SEC filings.","Alumis believes Climb Bio's position is contrary to the plain terms and intent of the APA and prior statements."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-000197","json":"https://secwatch.observer/filing/0001104659-26-000197.json","markdown":"https://secwatch.observer/filing/0001104659-26-000197.md","text":"https://secwatch.observer/filing/0001104659-26-000197.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1847367/000110465926000197/0001104659-26-000197-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1847367/000110465926000197/tm2534587d2_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T11:49:46.326829+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"}