{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-259803","form_type":"8-K","ticker":"UPST","cik":"0001647639","company_name":"Upstart Holdings, Inc.","filed_at":"2024-11-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:09.098403+00:00","generated_at":"2026-05-29T23:48:50.766631+00:00","sec_items":["1.01","2.03","3.02","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Upstart issues $500M of 1.00% convertible notes due 2030, net proceeds ~$488M","bullets":["Issued $500M aggregate principal amount (including full exercise of $75M greenshoe) of 1.00% Convertible Senior Notes due 2030.","Initial conversion price approximately $91.99 per share, representing a ~32.5% premium to last sale price of $69.43.","Net proceeds of ~$488.1M after discounts and expenses, to be used for general corporate purposes including debt repayment.","Notes mature Nov 15, 2030; Upstart may redeem after Nov 20, 2027 subject to stock price condition (130% of conversion price).","Notes are senior unsecured, convertible at holder's option under specified conditions; settlement in cash, stock, or combination."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-259803","json":"https://secwatch.observer/filing/0001193125-24-259803.json","markdown":"https://secwatch.observer/filing/0001193125-24-259803.md","text":"https://secwatch.observer/filing/0001193125-24-259803.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1647639/000119312524259803/0001193125-24-259803-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1647639/000119312524259803/d915028d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T23:48:50.766631+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"}