{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-288416","form_type":"8-K","ticker":"COHR","cik":"0000820318","company_name":"COHERENT CORP.","filed_at":"2023-12-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.092508+00:00","generated_at":"2026-06-07T19:05:14.040821+00:00","sec_items":["8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Coherent closes $1B sale of 25% stake in silicon carbide business to DENSO and Mitsubishi Electric","bullets":["DENSO and Mitsubishi Electric each invested $500M for a 12.5% non-controlling interest; Coherent retains 75%.","Long-term supply agreements signed for 150mm and 200mm SiC substrates and epitaxial wafers.","Business will fund future capex and opex from the investment; Coherent gains free cash flow flexibility.","SiC TAM expected to grow from $3B in 2022 to $21B in 2030, representing 28% CAGR.","Sohail Khan continues to lead the business; Coherent retains control and operation."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-288416","json":"https://secwatch.observer/filing/0001193125-23-288416.json","markdown":"https://secwatch.observer/filing/0001193125-23-288416.md","text":"https://secwatch.observer/filing/0001193125-23-288416.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/820318/000119312523288416/0001193125-23-288416-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/820318/000119312523288416/d613403d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T19:05:14.040821+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"}