{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-23-051496","form_type":"8-K","ticker":null,"cik":"0001651561","company_name":"Tabula Rasa HealthCare, Inc.","filed_at":"2023-11-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.943738+00:00","generated_at":"2026-06-08T21:03:46.471352+00:00","sec_items":["1.01","1.02","2.01","2.03","2.04","3.01","3.03","5.01","5.03","5.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Tabula Rasa HealthCare closes $10.50/share merger with ExactCare, going private","bullets":["Merger completed Nov 3; shareholders receive $10.50 per share in cash.","Board resigned; John Figueroa named CEO of combined company.","2026 convertible notes conversion value set at ~$150.11 per $1,000 principal.","Combined company serves over 100,000 beneficiaries across PACE, Medicare, Medicaid.","TRHC common stock to be delisted from Nasdaq; Form 25 filed Nov 3."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-23-051496","json":"https://secwatch.observer/filing/0001140361-23-051496.json","markdown":"https://secwatch.observer/filing/0001140361-23-051496.md","text":"https://secwatch.observer/filing/0001140361-23-051496.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1651561/000114036123051496/0001140361-23-051496-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1651561/000114036123051496/ef20014067_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T21:03:46.471352+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":"e00639a6528344108b2499f3b602700b350fc5f7","claim":"Tabula Rasa HealthCare, Inc. incurred term loan of $275 million with Midcap Financial Trust maturing sixth anniversary of the Closing Date.","evidence_excerpt":"a term loan facility in an aggregate principal amount of $275 million, maturing on the sixth anniversary of the Closing Date","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1651561/000114036123051496/0001140361-23-051496-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$275 million"},{"label":"Counterparty","value":"Midcap Financial Trust"},{"label":"Maturity","value":"sixth anniversary of the Closing Date"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"eb0bb8b679eb5550a264f70c9e6d42643cffd3c0","claim":"Tabula Rasa HealthCare, Inc. incurred revolving credit of $30 million with Midcap Financial Trust maturing sixth anniversary of the Closing Date.","evidence_excerpt":"a revolving credit facility in an aggregate committed principal amount of $30 million, including both a letter of credit sub facility and a swingline loan sub facility, maturing on the sixth anniversary of the Closing Date","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1651561/000114036123051496/0001140361-23-051496-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$30 million"},{"label":"Counterparty","value":"Midcap Financial Trust"},{"label":"Maturity","value":"sixth anniversary of the Closing Date"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"42afe0e2a9","claim":"Joseph Anderson was elected as Director at Tabula Rasa HealthCare, Inc..","evidence_excerpt":"elected John Figueroa, Christopher Corey and Joseph Anderson to serve as directors of the Company","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1651561/000114036123051496/0001140361-23-051496-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"elected"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"4cd7835c90","claim":"Derek C. 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Credit Agreement In addition, on the Closing Date, affiliates of Parent entered into the Credit Agreement (the “ Credit Agreement ”) by and among CPRx Intermediate Holdings,","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1651561/000114036123051496/0001140361-23-051496-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"change of control"},{"label":"Counterparty","value":"Locke Buyer, LLC"},{"label":"Consideration","value":"$10.50 per share"},{"label":"Closing","value":"2023-11-03"}],"fact_type":"ma_transaction"},{"claim_id":"5b785de2d69fa0bd4fe62618152ae719c804cfa4","claim":"Tabula Rasa HealthCare, Inc. terminated 2026 Convertible Note Hedge Transactions and 2026 Warrant Transactions with Bank of America, N.A. and Citibank, N.A..","evidence_excerpt":"the Company and the 2026 Option Counterparties agreed to terminate all outstanding 2026 Convertible Note Hedge Transactions and 2026 Warrant Transactions effective as of the Closing Date, resulting in a de minimis payment to the Company.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1651561/000114036123051496/0001140361-23-051496-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"termination"},{"label":"Counterparty","value":"Bank of America, N.A. and Citibank, N.A."}],"fact_type":"material_agreement"},{"claim_id":"ccdd85fe2f9d2955146575e27d0296f949e3aa3f","claim":"Tabula Rasa HealthCare, Inc. entered into Supplemental Indenture with U.S. Bank Trust Company, National Association.","evidence_excerpt":"on the Closing Date, the Company and U.S. Bank Trust Company, National Association (as successor-in-interest to U.S. Bank National Association), as trustee (the “ Trustee ”), entered into the supplemental indenture (the “ Supplemental Indenture ”) to the indenture, dated as of February 12, 2019, between the Company and the Trustee (the “ Indenture ”) governing the Company’s 1.75% Convertible Senior Subordinated Notes due 2026 (the “ 2026 Convertible Notes ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1651561/000114036123051496/0001140361-23-051496-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"}],"fact_type":"material_agreement"},{"claim_id":"ebec7d5d3af64d708b21ee5b17b78d01a7a1d8eb","claim":"Tabula Rasa HealthCare, Inc. entered into Credit Agreement with Midcap Financial Trust, as administrative agent, and the lenders party thereto valued at $275 million term loan facility and $30 million revolving credit facility.","evidence_excerpt":"on the Closing Date, affiliates of Parent entered into the Credit Agreement (the “ Credit Agreement ”) by and among CPRx Intermediate Holdings, LLC, as a guarantor, CPRx Parent Holdings, LLC, as a guarantor, ExactCare Parent, Inc., as administrative borrower, CPRX Midco, Inc., as a borrower, the subsidiary guarantors party thereto from time to time, the lenders party thereto from time to time, the L/C issuers party thereto from time to time, Midcap Financial Trust, as administrative agent, L/C issuer and swing line lender, governing the senior secured credit facilities, which include (i) a term loan facility in an aggregate principal amount of $275 million, maturing on the sixth anniversary of the Closing Date and (ii) a revolving credit facility in an aggregate committed principal amount of $30 million, including both a letter of credit sub facility and a swingline loan sub facility, maturing on the sixth anniversary of the Closing Date.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1651561/000114036123051496/0001140361-23-051496-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Midcap Financial Trust, as administrative agent, and the lenders party thereto"},{"label":"Value","value":"$275 million term loan facility and $30 million revolving credit facility"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}