{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-24-036403","form_type":"8-K","ticker":null,"cik":"0001874944","company_name":"Vacasa, Inc.","filed_at":"2024-08-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:15.073959+00:00","generated_at":"2026-05-31T11:18:45.133408+00:00","sec_items":["1.01","2.02","2.03","3.02","5.02","7.01","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Vacasa secures $30M convertible notes from Davidson Kempner; Q2 gross bookings down 19% YoY to $505M","bullets":["Entered $75M note purchase agreement; initial $30M notes at 11.25% PIK (3 yrs) then 9.75% cash, convertible at $4.16/share, due 2029.","Q2 gross booking value $505M (-19% YoY); nights sold -17%; home count ~40,000 (down from ~44,000).","Appointed Luis Sosa and Alan Liu to board as Davidson Kempner designees; board expanded to 11.","Issued 174,825 fee shares to DK; voting agreement with Silver Lake, Riverwood, Level Equity to support conversion share issuance.","Notes secured by first lien on substantially all assets; liquidity covenant minimum $15M from Q3 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-24-036403","json":"https://secwatch.observer/filing/0001140361-24-036403.json","markdown":"https://secwatch.observer/filing/0001140361-24-036403.md","text":"https://secwatch.observer/filing/0001140361-24-036403.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1874944/000114036124036403/0001140361-24-036403-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1874944/000114036124036403/ef20033733_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T11:18:45.133408+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":"c5bb445834","claim":"Alan Liu was appointed as Class II Director at Vacasa, Inc..","evidence_excerpt":"appointed Alan Liu to the Board as a Class II Director, to serve until the Company’s 2026 annual meeting of stockholders and until his successor is duly elected and qualified","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1874944/000114036124036403/0001140361-24-036403-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Class II Director"}],"fact_type":"executive_change"},{"claim_id":"e506f70d64","claim":"Luis Sosa was appointed as Class I Director at Vacasa, Inc..","evidence_excerpt":"appointed Luis Sosa to the Board as a Class I Director, to serve until the Company’s 2025 annual meeting of stockholders and until his successor is duly elected and qualified","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1874944/000114036124036403/0001140361-24-036403-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Class I Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}