---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-005866"
form_type: "8-K"
ticker: "CLMT"
cik: "0002013745"
company_name: "Calumet, Inc. /DE"
filed_at: "2025-01-14T23:59:59+00:00"
generated_at: "2026-05-28T02:25:38.347243+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Calumet announces $100M 9.75% notes offering, ATM equity up to $65M; net loss $181M in 9M 2024

## Summary
- Offers $100M in 9.75% senior notes due 2028; proceeds to redeem 11% 2026 notes by April 15, 2025.
- Enters ATM equity distribution agreement for up to $65M common stock sales via BMO Capital Markets.
- Nine-month 2024 net loss $181.3M vs net income $96.1M in 2023; operating loss $14.6M vs income $281.1M.
- Long-term debt $1.66B; stockholders' equity -$672.2M as of Sep 30, 2024.
- New notes are a mirror issue to existing $325M 9.75% notes due 2028 with identical terms.

## SEC filing metadata
- accession: 0001193125-25-005866
- form_type: 8-K
- ticker: CLMT
- cik: 0002013745
- company_name: Calumet, Inc. /DE
- filed_at: 2025-01-14T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2013745/000119312525005866/0001193125-25-005866-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2013745/000119312525005866/d875021d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-005866
- JSON: https://secwatch.observer/filing/0001193125-25-005866.json
- Plain text: https://secwatch.observer/filing/0001193125-25-005866.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.