---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-24-000163"
form_type: "8-K"
ticker: "CVSA"
cik: "0000730464"
company_name: "Covista Inc."
filed_at: "2024-02-02T23:59:59+00:00"
generated_at: "2026-06-06T10:20:39.075269+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Adtalem counters Safkhet Capital short report, refutes claims on enrollment, graduation rates, and financials

## Summary
- Total enterprise enrollment up 6% YoY as of Dec 31, 2023; Chamberlain up 7%, Walden up 8%.
- Chamberlain four-year graduation rate for all full-time students is 77% vs. national average of 49%.
- Walden acquisition goodwill tested in May 2023; no impairment identified.
- Company expects all degree programs to pass Department of Education gainful employment rule.
- Calls Safkhet report a 'short and distort' scheme; denies material risk from borrower defense or 90/10 rule.

## SEC filing metadata
- accession: 0001157523-24-000163
- form_type: 8-K
- ticker: CVSA
- cik: 0000730464
- company_name: Covista Inc.
- filed_at: 2024-02-02T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/730464/000115752324000163/0001157523-24-000163-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/730464/000115752324000163/a53891111.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-24-000163
- JSON: https://secwatch.observer/filing/0001157523-24-000163.json
- Plain text: https://secwatch.observer/filing/0001157523-24-000163.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.