{"schema_version":"secwatch.filing_event.v1","accession":"0001175454-25-000025","form_type":"8-K","ticker":"CPAY","cik":"0001175454","company_name":"CORPAY, INC.","filed_at":"2025-11-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.933789+00:00","generated_at":"2026-05-17T00:11:25.848664+00:00","sec_items":["1.01","2.01","2.02","2.03","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Corpay Q3 revenue +14% to $1.17B, adjusted EPS $5.70; completes $2.4B Alpha acquisition, raises FY25 guidance","bullets":["Q3 revenue $1,172.5M (+14% YoY); adjusted EPS $5.70 (+14%); organic rev growth 11%, Corporate Payments +17%.","Completed acquisition of Alpha Group for ~£1.8B (≈$2.4B) on Oct 31, 2025; expects accretion in 2026.","Credit facility upsized: Revolver B increased $1B to $1.5B, new $900M Term Loan B (7yr, SOFR+1.75%).","FY2025 guidance raised: revenue $4,505-$4,525M, adjusted EPS $21.14-$21.34.","AvidXchange investment closed; Mastercard cross-border investment expected before year-end."],"urls":{"canonical":"https://secwatch.observer/filing/0001175454-25-000025","json":"https://secwatch.observer/filing/0001175454-25-000025.json","markdown":"https://secwatch.observer/filing/0001175454-25-000025.md","text":"https://secwatch.observer/filing/0001175454-25-000025.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1175454/000117545425000025/0001175454-25-000025-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1175454/000117545425000025/flt-20251031.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T00:11:25.848664+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":"4e294051570199bd876bdff8a20b87d1328fd92c","claim":"CORPAY, INC. amended revolving credit of $1.5 billion with Bank of America, N.A..","evidence_excerpt":"increases the aggregate commitments under the Revolver B by $1 billion to new total Revolver B commitments of $1.5 billion","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1175454/000117545425000025/0001175454-25-000025-index.htm","confidence":0.9},{"claim_id":"750e29735080b66847b1b818d813a1f1622247b5","claim":"CORPAY, INC. incurred term loan of $900 million with Bank of America, N.A. at SOFR plus 1.75% maturing November 5, 2032.","evidence_excerpt":"adds a new seven-year Term Loan B of $900 million. Proceeds will initially be used to fund the Alpha acquisition. The new Term Loan B has a maturity date of November 5, 2032. Interest on amounts outstanding under the new Term Loan B accrues based on the Secured Overnight Financing Rate, plus a margin of 1.75%.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1175454/000117545425000025/0001175454-25-000025-index.htm","confidence":0.9},{"claim_id":"5496a42c836f0b3cc5c1f7d61e5dbd3cd155ee19","claim":"CORPAY, INC. completed an acquisition involving Alpha Group International plc for £1.8 billion in cash (closed 2025-10-31).","evidence_excerpt":"On October 31, 2025, Corpay completed the acquisition (the “Acquisition”) of all of the ordinary shares of Alpha for £42.50 in cash for each Alpha share upon the terms as described in the Rule 2.7 Announcement, resulting in an aggregate purchase price of approximately £1.8 billion in cash.","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1175454/000117545425000025/0001175454-25-000025-index.htm","confidence":0.9}],"comparable_filings":[{"accession":"0001612630-26-000048","ticker":"JYNT","company_name":"JOINT Corp","filed_at":"2026-05-07T23:59:59+00:00","headline":"JYNT Q1 revenue up 13%, net income up 34%; credit covenant default waived","event_type":"earnings","sec_items":["1.01","2.03","2.02","7.01","9.01"],"materiality_score":0.75,"calibrated_materiality_score":0.75,"match_reasons":["same fact type: debt_financing","same SEC item: 1.01, 2.02, 2.03, 7.01, 9.01","same event type: earnings","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001612630-26-000048","json":"https://secwatch.observer/filing/0001612630-26-000048.json","markdown":"https://secwatch.observer/filing/0001612630-26-000048.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1612630/000161263026000048/0001612630-26-000048-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1612630/000161263026000048/jynt-20260501.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"increases the aggregate commitments under the Revolver B by $1 billion to new total Revolver B commitments of $1.5 billion","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1175454/000117545425000025/0001175454-25-000025-index.htm","comparable_excerpt":"waiver and fourth amendment to our existing credit agreement (the “2026 Amendment”) with JPMorgan Chase Bank, N.A., individually and as Administrative Agent, Issuing Bank, and Lender (“JPMorgan Chase” or the “Lender”). Among other things, the 2026 Amendment waives the existing default of our credit facilities due to a violation of our fixed charge coverage ratio covenant, modifies the fixed charge coverage ratio covenant to allow for stock repurchases, which constitute restricted payments, and extends the revolving credit maturity date to August 31, 2029.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1612630/000161263026000048/0001612630-26-000048-index.htm"}},{"accession":"0000772406-26-000012","ticker":"CRUS","company_name":"CIRRUS LOGIC, INC.","filed_at":"2026-05-06T23:59:59+00:00","headline":"Cirrus Logic reports record FY26 revenue $2.0B, EPS $7.85; Q4 EPS $1.56, guides Q1 rev $430M-$490M","event_type":"earnings","sec_items":["1.01","2.02","2.03","7.01","9.01"],"materiality_score":0.85,"calibrated_materiality_score":0.85,"match_reasons":["same fact type: debt_financing","same SEC item: 1.01, 2.02, 2.03, 7.01, 9.01","same event type: earnings","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0000772406-26-000012","json":"https://secwatch.observer/filing/0000772406-26-000012.json","markdown":"https://secwatch.observer/filing/0000772406-26-000012.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/772406/000077240626000012/0000772406-26-000012-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/772406/000077240626000012/crus-20260504.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"increases the aggregate commitments under the Revolver B by $1 billion to new total Revolver B commitments of $1.5 billion","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1175454/000117545425000025/0001175454-25-000025-index.htm","comparable_excerpt":"used and not defined in this section of Item 1.01 have the meanings given to such terms in the Third Amended Credit Agreement. The Third Amended Credit Agreement provides for a $350 million senior secured revolving credit facility (the “Revolving Credit Facility”). The Revolving Credit Facility matures on May 4, 2031 (the “Maturity Date”). Cirrus Logic must repay","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/772406/000077240626000012/0000772406-26-000012-index.htm"}},{"accession":"0001788882-26-000046","ticker":"ROOT","company_name":"Root, Inc.","filed_at":"2026-05-06T23:59:59+00:00","headline":"Root Q1 net income $36M, record profitability; refinances debt, authorizes $75M buyback","event_type":"earnings","sec_items":["1.01","1.02","2.02","2.03","7.01","9.01"],"materiality_score":0.8,"calibrated_materiality_score":0.8,"match_reasons":["same fact type: debt_financing","same SEC item: 1.01, 2.02, 2.03, 7.01, 9.01","same event type: earnings","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001788882-26-000046","json":"https://secwatch.observer/filing/0001788882-26-000046.json","markdown":"https://secwatch.observer/filing/0001788882-26-000046.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1788882/000178888226000046/0001788882-26-000046-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1788882/000178888226000046/root-20260504.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"increases the aggregate commitments under the Revolver B by $1 billion to new total Revolver B commitments of $1.5 billion","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1175454/000117545425000025/0001175454-25-000025-index.htm","comparable_excerpt":"On May 4, 2026, Root, Inc. (the “Company”) entered into that certain Credit Agreement (the “Credit Agreement”), by and among the Company, Caret Holdings, Inc., as borrower (the “Borrower”), the lenders from time to time party thereto and The Huntington National Bank, as the administrative agent. The Credit Agreement provides for a senior secured term loan of $200.0 million, the entire amount of which was funded on May 4, 2026.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1788882/000178888226000046/0001788882-26-000046-index.htm"}},{"accession":"0001424929-26-000032","ticker":"FOXF","company_name":"FOX FACTORY HOLDING CORP","filed_at":"2026-05-07T23:59:59+00:00","headline":"Fox Factory Q1 revenue $368.7M (+3.9%), adj. EBITDA $35.7M above guidance; credit covenant eased to 5.0x","event_type":"earnings","sec_items":["1.01","2.02","2.03","9.01"],"materiality_score":0.75,"calibrated_materiality_score":0.75,"match_reasons":["same fact type: debt_financing","same SEC item: 1.01, 2.02, 2.03, 9.01","same event type: earnings","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001424929-26-000032","json":"https://secwatch.observer/filing/0001424929-26-000032.json","markdown":"https://secwatch.observer/filing/0001424929-26-000032.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1424929/000142492926000032/0001424929-26-000032-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1424929/000142492926000032/foxf-20260506.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"increases the aggregate commitments under the Revolver B by $1 billion to new total Revolver B commitments of $1.5 billion","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1175454/000117545425000025/0001175454-25-000025-index.htm","comparable_excerpt":"y 6, 2026, Fox Factory Holding Corp., a Delaware corporation (the “Company”), entered into the Sixth Amendment to Credit Agreement and Third Amendment to Guaranty and Security Agreement (the “Amendment”) among the Company, certain subsidiaries of the Company, Wells Fargo Bank, National Association, as administrative agent, swingline lender and L/C issuer (the “Agent”), and a group of lenders party thereto.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1424929/000142492926000032/0001424929-26-000032-index.htm"}},{"accession":"0001579091-26-000032","ticker":"CART","company_name":"Maplebear Inc.","filed_at":"2026-05-06T23:59:59+00:00","headline":"Maplebear (Instacart) Q1: Revenue +14%, net income +36%, announces $500M revolver and $3.5B buyback","event_type":"earnings","sec_items":["1.01","2.02","2.03","8.01","9.01"],"materiality_score":0.9,"calibrated_materiality_score":0.9,"match_reasons":["same fact type: debt_financing","same SEC item: 1.01, 2.02, 2.03, 9.01","same event type: earnings","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001579091-26-000032","json":"https://secwatch.observer/filing/0001579091-26-000032.json","markdown":"https://secwatch.observer/filing/0001579091-26-000032.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1579091/000157909126000032/0001579091-26-000032-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1579091/000157909126000032/cart-20260501.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"increases the aggregate commitments under the Revolver B by $1 billion to new total Revolver B commitments of $1.5 billion","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1175454/000117545425000025/0001175454-25-000025-index.htm","comparable_excerpt":"On May 1, 2026, Maplebear Inc. (the “ Company ”) entered into a revolving credit agreement, among the Company, the lenders party thereto, the issuing banks party thereto, and Morgan Stanley Senior Funding, Inc., as administrative agent (the “ Credit Agreement ”).","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1579091/000157909126000032/0001579091-26-000032-index.htm"}},{"accession":"0001104659-26-056668","ticker":"RHLD","company_name":"Resolute Holdings Management, Inc.","filed_at":"2026-05-07T23:59:59+00:00","headline":"Resolute Holdings posts Q1 GAAP EPS $7.19 vs ($0.39) YoY; adds $60M term loan","event_type":"earnings","sec_items":["1.01","2.03","2.02","9.01"],"materiality_score":0.65,"calibrated_materiality_score":0.65,"match_reasons":["same fact type: debt_financing","same SEC item: 1.01, 2.02, 2.03, 9.01","same event type: earnings"],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-056668","json":"https://secwatch.observer/filing/0001104659-26-056668.json","markdown":"https://secwatch.observer/filing/0001104659-26-056668.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/2039497/000110465926056668/0001104659-26-056668-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2039497/000110465926056668/rhld-20260507x8k.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"increases the aggregate commitments under the Revolver B by $1 billion to new total Revolver B commitments of $1.5 billion","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1175454/000117545425000025/0001175454-25-000025-index.htm","comparable_excerpt":"The Credit Agreement Amendment provides for (i) new term loan commitments in an aggregate principal amount of $60 million (the “Term Loans”)","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/2039497/000110465926056668/0001104659-26-056668-index.htm"}},{"accession":"0001193125-26-251758","ticker":"OCFC","company_name":"OCEANFIRST FINANCIAL CORP","filed_at":"2026-06-01T21:19:28+00:00","headline":"OceanFirst closes acquisition of Flushing Financial; issues shares to Warburg Pincus","event_type":"m_and_a","sec_items":["1.01","3.02","2.01","2.03","3.03","5.02","5.03","7.01","9.01"],"materiality_score":0.9,"calibrated_materiality_score":0.9,"match_reasons":["same fact type: debt_financing, ma_transaction","same SEC item: 1.01, 2.01, 2.03, 7.01, 9.01","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-251758","json":"https://secwatch.observer/filing/0001193125-26-251758.json","markdown":"https://secwatch.observer/filing/0001193125-26-251758.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1004702/000119312526251758/0001193125-26-251758-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1004702/000119312526251758/d145829d8k.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"increases the aggregate commitments under the Revolver B by $1 billion to new total Revolver B commitments of $1.5 billion","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1175454/000117545425000025/0001175454-25-000025-index.htm","comparable_excerpt":"$65,000,000 in aggregate principal amount of 6.000% Fixed-to-Floating Rate Subordinated Notes due 2032","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1004702/000119312526251758/0001193125-26-251758-index.htm"}},{"accession":"0001193125-26-251442","ticker":"RPAY","company_name":"Repay Holdings Corp","filed_at":"2026-06-01T20:14:04+00:00","headline":"REPAY closes $372M acquisition of KUBRA, funded with new $500M term loan","event_type":"m_and_a","sec_items":["1.01","2.01","1.02","9.01","2.03","7.01"],"materiality_score":0.85,"calibrated_materiality_score":0.85,"match_reasons":["same fact type: debt_financing, ma_transaction","same SEC item: 1.01, 2.01, 2.03, 7.01, 9.01","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-251442","json":"https://secwatch.observer/filing/0001193125-26-251442.json","markdown":"https://secwatch.observer/filing/0001193125-26-251442.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1720592/000119312526251442/0001193125-26-251442-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1720592/000119312526251442/rpay-20260601.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"increases the aggregate commitments under the Revolver B by $1 billion to new total Revolver B commitments of $1.5 billion","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1175454/000117545425000025/0001175454-25-000025-index.htm","comparable_excerpt":"The Credit Agreement provides for (i) a senior secured first lien term loan facility in an aggregate principal amount of $500.0 million (the “Term Loan Facility”) and (ii) a senior secured first lien revolving credit facility in an aggregate principal amount of $100.0 million","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1720592/000119312526251442/0001193125-26-251442-index.htm"}}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}