{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-073428","form_type":"8-K","ticker":"TDAC","cik":"0001926599","company_name":"Translational Development Acquisition Corp.","filed_at":"2026-06-12T20:06:01+00:00","discovered_at":"2026-06-12T20:08:00.291702+00:00","generated_at":"2026-06-12T20:17:23.560741+00:00","sec_items":["3.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"confidence":"high","headline":"Translational Development converts 4.66M Class B shares to Class A; no cash proceeds","bullets":["4,657,499 Class B ordinary shares converted to an equal number of Class A shares by Sponsor TDAC Partners LLC.","Conversion effected under Section 3(a)(9) exemption; shares unregistered, no underwriter or commissions involved.","Trust account unaffected; per-share redemption value remains ~$10.69 as of June 12, 2026.","Post-conversion: 21,907,499 Class A shares and 1 Class B share outstanding."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-073428","json":"https://secwatch.observer/filing/0001104659-26-073428.json","markdown":"https://secwatch.observer/filing/0001104659-26-073428.md","text":"https://secwatch.observer/filing/0001104659-26-073428.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1926599/000110465926073428/0001104659-26-073428-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1926599/000110465926073428/tm2617861d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T20:17:23.560741+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":"5071e8fcec4ff78b7e62124422add608f22069da","claim":"Translational Development Acquisition Corp. issued 4,657,499 Class A ordinary shares of common stock to TDAC Partners LLC (the Sponsor) for no cash proceeds to the Company.","evidence_excerpt":"On June 12, 2026, Translational Development Acquisition Corp., a Cayman Islands exempted company (the “Company”), issued an aggregate of 4,657,499 Class A ordinary shares, par value $0.0001 per share (the “Class A Ordinary Shares”), to TDAC Partners LLC (the “Sponsor”), upon the conversion (the “Conversion”) of an equal number of Class B ordinary shares, par value $0.0001 per share (the “Class B Ordinary Shares”), held by the Sponsor.","evidence_source":"SEC 8-K Item 3.02/3.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1926599/000110465926073428/0001104659-26-073428-index.htm","confidence":0.95,"family_label":"Equity Issuances","details":[{"label":"Security","value":"common stock"},{"label":"Shares","value":"4,657,499 Class A ordinary shares"},{"label":"Purchaser","value":"TDAC Partners LLC (the Sponsor)"},{"label":"Consideration","value":"no cash proceeds to the Company"}],"fact_type":"equity_issuance"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}