{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-104106","form_type":"8-K","ticker":"BTAI","cik":"0001720893","company_name":"BioXcel Therapeutics, Inc.","filed_at":"2026-09-01T11:01:13+00:00","discovered_at":"2026-09-01T11:05:01.778572+00:00","generated_at":"2026-09-01T11:05:11.673842+00:00","sec_items":["2.03","3.01"],"event_type":"other_material","sentiment":"negative","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"BioXcel enters Chapter 11, secures $77.25M DIP, Nasdaq delisting on Sept 8","bullets":["DIP facility up to $77.25M from Oaktree and Qatar Investment Authority; 13% interest, matures Jan 27, 2027.","New money loans $19M in two $9.5M draws; roll-up loans $58.25M converting prepetition debt dollar-for-dollar.","Nasdaq to delist BTAI due to Chapter 11; trading suspended Sept 8, 2026; stock to move to pink sheets.","Company not appealing delisting; expects $9.5M initial draw and $29.75M roll-up on Sept 1, 2026.","Exit fee 4% on loans; default interest 2% above applicable rate; DIP secured by superpriority liens."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-104106","json":"https://secwatch.observer/filing/0001104659-26-104106.json","markdown":"https://secwatch.observer/filing/0001104659-26-104106.md","text":"https://secwatch.observer/filing/0001104659-26-104106.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1720893/000110465926104106/0001104659-26-104106-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1720893/000110465926104106/tm2624539d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-09-01T11:05:11.673842+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"}