{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-109821","form_type":"8-K","ticker":"ADGM","cik":"0002006986","company_name":"Adagio Medical Holdings, Inc.","filed_at":"2026-09-23T12:01:31+00:00","discovered_at":"2026-09-23T12:05:04.764923+00:00","generated_at":"2026-09-23T12:05:22.661203+00:00","sec_items":["2.05","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Adagio Medical launches strategic alternatives review; cuts 25 of 43 employees","bullets":["Reducing workforce by 25 of 43 FTEs effective Sept 23, 2026; est. $1.3M in cash costs for severance and benefits.","Cash, equivalents and marketable securities ~$7.7M as of June 30, 2026 (preliminary unaudited).","Board initiates formal strategic review; may consider acquisition, merger, business combination; no timetable set.","Will lower 13% senior secured convertible notes conversion price to 85% of VWAP (5-day) during Sept 23–Oct 31, 2026.","Continuing to advance PMA application for vCLAS ventricular ablation system."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-109821","json":"https://secwatch.observer/filing/0001104659-26-109821.json","markdown":"https://secwatch.observer/filing/0001104659-26-109821.md","text":"https://secwatch.observer/filing/0001104659-26-109821.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2006986/000110465926109821/0001104659-26-109821-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2006986/000110465926109821/adgm-20260923x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-09-23T12:05:22.661203+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"}