{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-005233","form_type":"8-K","ticker":"NATH","cik":"0000069733","company_name":"NATHANS FAMOUS, INC.","filed_at":"2026-01-21T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.490514+00:00","generated_at":"2026-05-16T09:24:22.407218+00:00","sec_items":["1.01","5.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Nathan's Famous agrees to be acquired by Smithfield Foods for $102.00 per share in cash","bullets":["Smithfield Foods to acquire Nathan's Famous for $102.00 per share in cash; total value not disclosed.","Stockholders holding ~29.9% of shares agreed to vote in favor via Voting Agreement.","Closing subject to stockholder approval, HSR waiting period, and CFIUS clearance.","Termination fee: $10.6M payable by Nathan's if it accepts superior proposal; $7.4M by Buyer if CFIUS turndown.","CEO Eric Gatoff ($3.25M) and CFO Robert Steinberg ($1.05M) get retention bonuses contingent on closing."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-005233","json":"https://secwatch.observer/filing/0001104659-26-005233.json","markdown":"https://secwatch.observer/filing/0001104659-26-005233.md","text":"https://secwatch.observer/filing/0001104659-26-005233.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/69733/000110465926005233/0001104659-26-005233-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/69733/000110465926005233/tm263713d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T09:24:22.407218+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":"e683bed1742d5c819619572214e82e4bfbf84e4f","claim":"NATHANS FAMOUS, INC. entered into Agreement and Plan of Merger with Smithfield Foods, Inc. and Boardwalk Merger Sub Inc. (effective 2026-01-20).","evidence_excerpt":"On January 20, 2026, the Company entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Buyer and Boardwalk Merger Sub Inc., a Delaware corporation and wholly owned subsidiary of Buyer (“Merger Sub”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/69733/000110465926005233/0001104659-26-005233-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"Smithfield Foods, Inc. and Boardwalk Merger Sub Inc."},{"label":"Effective","value":"2026-01-20"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}