{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-210786","form_type":"8-K","ticker":"DBD","cik":"0000028823","company_name":"DIEBOLD NIXDORF, Inc","filed_at":"2023-08-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.216072+00:00","generated_at":"2026-06-11T15:45:50.973452+00:00","sec_items":["1.01","1.02","2.03","3.02","3.03","5.01","5.02","5.03","7.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"Diebold Nixdorf emerges from Chapter 11; old stock canceled, $1.25B exit facility drawn","bullets":["On August 11, 2023, the U.S. Plan and WHOA Plan became effective, exiting Chapter 11 and Dutch proceedings.","Old common stock and all prior notes (8.50% 2024, 9.375% 2025, 9.00% 2025, 8.50%/12.50% 2026) canceled.","$1.25B senior secured term loan Exit Facility drawn; matures August 11, 2028; interest at SOFR+7.50% or base+6.50%.","Issued 37,566,668 shares of new common stock (par $0.01); 98% to first-lien, 2% to second-lien claimholders.","Board changes: Borden, Goldfarb, Stahl resigned; Marquez, Anton, Bowen, Pearlman remain; new 2023 equity plan approved."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-210786","json":"https://secwatch.observer/filing/0001193125-23-210786.json","markdown":"https://secwatch.observer/filing/0001193125-23-210786.md","text":"https://secwatch.observer/filing/0001193125-23-210786.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/28823/000119312523210786/0001193125-23-210786-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/28823/000119312523210786/d523391d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T15:45:50.973452+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":"77dcba7b241c9d84706152470d21aa1a44350ad2","claim":"DIEBOLD NIXDORF, Inc incurred term loan of $1.25 billion with GLAS USA LLC at adjusted secured overnight financing rate with a one-month tenor rate plus 7.50% maturing August 11, 2028.","evidence_excerpt":"On the Effective Date, the Company, as borrower, entered into a credit agreement (the “Exit Credit Agreement”) governing its $1.25 billion senior secured term loan credit facility (the “Exit Facility”)","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/28823/000119312523210786/0001193125-23-210786-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$1.25 billion"},{"label":"Counterparty","value":"GLAS USA LLC"},{"label":"Rate","value":"adjusted secured overnight financing rate with a one-month tenor rate plus 7.50%"},{"label":"Maturity","value":"August 11, 2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"7213628d68","claim":"William A. Borden resigned as Director at DIEBOLD NIXDORF, Inc.","evidence_excerpt":"As contemplated by the Plans, on the Effective Date, William A. Borden, Matthew Goldfarb and Kent M. Stahl resigned as members of the Company’s board of directors (the “Board”).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/28823/000119312523210786/0001193125-23-210786-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"a00688ee81","claim":"Matthew Goldfarb resigned as Director at DIEBOLD NIXDORF, Inc.","evidence_excerpt":"As contemplated by the Plans, on the Effective Date, William A. Borden, Matthew Goldfarb and Kent M. Stahl resigned as members of the Company’s board of directors (the “Board”).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/28823/000119312523210786/0001193125-23-210786-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"e76351a7c2","claim":"Kent M. Stahl resigned as Director at DIEBOLD NIXDORF, Inc.","evidence_excerpt":"As contemplated by the Plans, on the Effective Date, William A. Borden, Matthew Goldfarb and Kent M. Stahl resigned as members of the Company’s board of directors (the “Board”).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/28823/000119312523210786/0001193125-23-210786-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"6462201797a264638312ccdbb376880d25018119","claim":"DIEBOLD NIXDORF, Inc: Adopted Amended and Restated Bylaws in connection with reincorporation.","evidence_excerpt":"Also on the Effective Date and in connection with the Reincorporation, the Company adopted Amended and Restated Bylaws (the “Bylaws”).","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/28823/000119312523210786/0001193125-23-210786-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"bylaw amendment"}],"fact_type":"governance_change"},{"claim_id":"c8eacff7a1418938aeea45c7b403cbf6a6982373","claim":"DIEBOLD NIXDORF, Inc: Reincorporated as a Delaware corporation and filed new Certificate of Incorporation with authorized 45M common and 2M preferred shares (effective 2023-08-10).","evidence_excerpt":"On the Effective Date, in accordance with the Plans, the Company reincorporated as a Delaware corporation (the “Reincorporation”). In connection with the Reincorporation and pursuant to the Plans, the Company filed a Certificate of Incorporation (the “Certificate of Incorporation”) with the Delaware Secretary of State on August 10, 2023, which became effective on the Effective Date.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/28823/000119312523210786/0001193125-23-210786-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-08-10"}],"fact_type":"governance_change"},{"claim_id":"1d8fb3f570306bc5335054e723fe59e63d48693b","claim":"DIEBOLD NIXDORF, Inc entered into Exit Credit Agreement with certain financial institutions party thereto, as lenders, GLAS USA LLC, as administrative agent, and GLAS Americas LLC, as collateral agent valued at $1.25 billion (effective 2023-08-11).","evidence_excerpt":"On the Effective Date, the Company, as borrower, entered into a credit agreement (the “Exit Credit Agreement”) governing its $1.25 billion senior secured term loan credit facility (the “Exit Facility”) along with certain financial institutions party thereto, as lenders, GLAS USA LLC, as administrative agent, and GLAS Americas LLC, as collateral agent.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/28823/000119312523210786/0001193125-23-210786-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"certain financial institutions party thereto, as lenders, GLAS USA LLC, as administrative agent, and GLAS Americas LLC, as collateral agent"},{"label":"Value","value":"$1.25 billion"},{"label":"Effective","value":"2023-08-11"}],"fact_type":"material_agreement"},{"claim_id":"c6ea1f708e69c79702d43a5d3d4f46d9e39641a2","claim":"DIEBOLD NIXDORF, Inc entered into Registration Rights Agreement with certain parties (together with any person or entity that becomes a party to the Registration Rights Agreement, the “Holders”) that received shares of the Company’s new common stock (effective 2023-08-11).","evidence_excerpt":"On the Effective Date, the Company entered into a registration rights agreement (the “Registration Rights Agreement”) with certain parties (together with any person or entity that becomes a party to the Registration Rights Agreement, the “Holders”) that received shares of the Company’s new common stock (the “New Common Stock”) on the Effective Date as provided in the Plans.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/28823/000119312523210786/0001193125-23-210786-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"certain parties (together with any person or entity that becomes a party to the Registration Rights Agreement, the “Holders”) that received shares of the Company’s new common stock"},{"label":"Effective","value":"2023-08-11"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}