{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-25-032122","form_type":"8-K","ticker":"JANL","cik":"0001133062","company_name":"JANEL CORP","filed_at":"2025-08-21T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.417163+00:00","generated_at":"2026-05-17T10:44:23.925139+00:00","sec_items":["7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Janel Corp sells logistics subsidiary to Rubicon for stock; to own 86.5% of Rubicon","bullets":["Rubicon acquires Janel Group for 7M shares at $4.75/share plus assumption of ~$23M debt and $35M credit facility access.","Janel Corp currently owns 46.6% of Rubicon; post-close will own ~86.5%.","Janel Group had revenues ~$181.3M and operating income ~$8.7M for 12 months ended June 30, 2025.","Contingent on vote, Janel Corp will tender offer for 400K more shares at $4.75 cash, targeting ~90.7% ownership.","Transaction approved by Rubicon board; subject to approval by disinterested Rubicon stockholders."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-25-032122","json":"https://secwatch.observer/filing/0001140361-25-032122.json","markdown":"https://secwatch.observer/filing/0001140361-25-032122.md","text":"https://secwatch.observer/filing/0001140361-25-032122.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1133062/000114036125032122/0001140361-25-032122-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1133062/000114036125032122/ef20054286_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T10:44:23.925139+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"}