{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-027112","form_type":"8-K","ticker":"TPTA","cik":"0001674356","company_name":"Terra Property Trust, Inc.","filed_at":"2026-03-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.853279+00:00","generated_at":"2026-05-15T13:37:36.021443+00:00","sec_items":["2.02","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Low tender uptake on exchange offers; Terra warns of liquidity concerns, hires restructuring advisors","bullets":["Only 3.80% of TPT Notes ($80.4M outstanding) and 0.37% of TIF6 Notes ($38.4M outstanding) tendered as of March 12, 2026.","TIF6 had $0.4M cash vs $38.4M notes due March 31, 2026; company's promissory note to TIF6 ($48.1M) due 2027 not payable on demand.","Company had $33.2M cash; warns insufficient liquidity to repay remaining notes while remaining a going concern.","Hired Portage Point Partners (restructuring banker) and Alston & Bird (restructuring counsel) to evaluate alternatives."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-027112","json":"https://secwatch.observer/filing/0001104659-26-027112.json","markdown":"https://secwatch.observer/filing/0001104659-26-027112.md","text":"https://secwatch.observer/filing/0001104659-26-027112.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1674356/000110465926027112/0001104659-26-027112-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1674356/000110465926027112/tm268682d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T13:37:36.021443+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"}