{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-130686","form_type":"8-K","ticker":null,"cik":"0001333835","company_name":"Casa Systems Inc","filed_at":"2024-05-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.995889+00:00","generated_at":"2026-06-02T23:00:33.460832+00:00","sec_items":["1.01","2.01","9.01"],"event_type":"m_and_a","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Casa Systems closes sale of cloud/RAN assets to Lumine for $32.25M","bullets":["Bankruptcy Court approved sale on April 26, 2024; transaction closed April 29, 2024.","Purchase price amended from $15M base to $32.25M in Amendment No. 1 dated April 25, 2024.","Sellers include Casa Systems and subsidiaries; buyer is Lumine Group US Holdco Inc.","The sale follows Casa Systems' Chapter 11 filing on April 3, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-130686","json":"https://secwatch.observer/filing/0001193125-24-130686.json","markdown":"https://secwatch.observer/filing/0001193125-24-130686.md","text":"https://secwatch.observer/filing/0001193125-24-130686.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1333835/000119312524130686/0001193125-24-130686-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1333835/000119312524130686/d756772d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T23:00:33.460832+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":"e5c8266fa10f9a66c34e05501cafedd83ce8527f","claim":"Casa Systems Inc completed a disposition involving Lumine Group US Holdco Inc. for $32,250,000 (closed 2024-04-29).","evidence_excerpt":"conditions of the Cloud/RAN APA, as amended, to purchase the Transferred Assets and assume the Assumed Liabilities (each as defined in the Cloud/RAN APA) from the Sellers for $32,250,000. On April 26, 2024, the Bankruptcy Court approved the sale. On April 29, 2024, the Sellers and Lumine consummated the sale, thereby completing the disposition of the Transferred","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1333835/000119312524130686/0001193125-24-130686-index.htm","confidence":0.98,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"Lumine Group US Holdco Inc."},{"label":"Consideration","value":"$32,250,000"},{"label":"Closing","value":"2024-04-29"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}