{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-113913","form_type":"8-K","ticker":"PSKY","cik":"0002041610","company_name":"Paramount Skydance Corp","filed_at":"2026-10-06T13:08:38+00:00","discovered_at":"2026-10-06T13:10:00.396696+00:00","generated_at":"2026-10-12T16:30:09.170744+00:00","sec_items":["1.01","1.02","2.01","2.03","3.02","5.02","5.03","5.07","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Skydance closes WBD merger at $31.00/share cash; issues $41.4B notes, ticker changes to SKYD","bullets":["WBD shareholders received $31.00/share cash plus ticking consideration of $0.00277778/day after Sept 30, 2026; aggregate ticking payment $41,886,975.78.","Skydance issued $41.4B senior secured notes: $30.0B first lien (6.300%-8.900%) and $11.4B second lien (8.250%-9.125%), plus €885M 7.000% Euro second lien notes due 2031.","New $8.5B dollar and €850M Euro seven-year Term B-1 loans funded at close; $49.00B bridge commitments reduced to $0 and terminated.","Class B common stock moved from Nasdaq to NYSE; ticker changed from 'PSKY' to 'SKYD' on Oct 6, 2026; PIPE investors received shares and signed 180-day lock-up.","Net proceeds from notes, Term B-1 loans and PIPE cash financed the Merger and repaid all loans under the Jan 23, 2020 Amended and Restated Credit Agreement (JPMorgan agent)."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-113913","json":"https://secwatch.observer/filing/0001104659-26-113913.json","markdown":"https://secwatch.observer/filing/0001104659-26-113913.md","text":"https://secwatch.observer/filing/0001104659-26-113913.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2041610/000110465926113913/0001104659-26-113913-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2041610/000110465926113913/tm2626659d7_8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T16:30:09.170744+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":"69864e01ea","claim":"Andrew Brandon-Gordon was appointed as President at Paramount Skydance Corp.","evidence_excerpt":"On October 5, 2026, the board of directors of the Company (the “Board”) appointed Andrew Brandon-Gordon as the Company’s President, effective as of the Closing. Mr. Brandon-Gordon will continue to serve as a member of the Board. Prior to the Closing, Mr. Brandon-Gordon served as the Company’s Chief Strategy Officer and Chief Operating Officer.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2041610/000110465926113913/0001104659-26-113913-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}