{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-018949","form_type":"8-K","ticker":"ROOT","cik":"0001788882","company_name":"Root, Inc.","filed_at":"2022-01-27T23:59:59+00:00","discovered_at":"2026-05-14T18:04:08.220415+00:00","generated_at":"2026-06-27T15:02:29.925026+00:00","sec_items":["1.01","3.02","7.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Root closes $300M term loan with BlackRock, issues warrants for 2% of diluted shares","bullets":["Five-year $300M term loan at SOFR + 9%, secured by substantially all assets of Root and subsidiaries.","Warrants issued to BlackRock for 2% of fully diluted shares at $9.00 per share, expiring upon loan maturity or full repayment.","BlackRock receives board observation rights; loan matures January 27, 2027.","Proceeds enhance liquidity and extend debt maturity; CEO cites long-term partnership and strategy execution."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-22-018949","json":"https://secwatch.observer/filing/0001193125-22-018949.json","markdown":"https://secwatch.observer/filing/0001193125-22-018949.md","text":"https://secwatch.observer/filing/0001193125-22-018949.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1788882/000119312522018949/0001193125-22-018949-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1788882/000119312522018949/d295910d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T15:02:29.925026+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"}