{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-250197","form_type":"8-K","ticker":"ABPO","cik":"0001893219","company_name":"Abpro Holdings, Inc.","filed_at":"2024-11-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:10.279282+00:00","generated_at":"2026-05-30T06:22:38.788027+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"ACAB enters $50M equity line and $5M prepaid advance with Yorkville for post-merger financing","bullets":["$5M prepaid advance via convertible notes with 8% original issue discount; $3M at merger close, $2M after registration effective and shareholder approval.","Post-close equity line of up to $50M: Yorkville buys shares at 96-97% of VWAP, subject to 4.99% beneficial ownership cap and 19.99% exchange cap for pre-paid shares.","Conversion price for notes: lower of $11.50 (subject to adjustment) or 94% of 5-day low VWAP, with floor at 20% of closing price on issuance or S-1 effective date.","Yorkville receives $500K in shares as commitment fee; amortization events trigger monthly payments of $1.25M principal plus 5% premium.","Proxy statement supplemented to disclose Yorkville financing and substantial dilution risks; shareholder approval may be sought for exchange cap."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-250197","json":"https://secwatch.observer/filing/0001193125-24-250197.json","markdown":"https://secwatch.observer/filing/0001193125-24-250197.md","text":"https://secwatch.observer/filing/0001193125-24-250197.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1893219/000119312524250197/0001193125-24-250197-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1893219/000119312524250197/d892646d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T06:22:38.788027+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"}