{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-074679","form_type":"8-K","ticker":"LAC","cik":"0001966983","company_name":"LITHIUM AMERICAS CORP.","filed_at":"2025-04-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.591354+00:00","generated_at":"2026-05-23T20:19:09.861760+00:00","sec_items":["1.01","2.03","3.02","7.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Lithium Americas closes $250M Orion investment, achieves FID for Thacker Pass Phase 1","bullets":["Closed $195M convertible note at 9.875% interest, $25M production payment from Orion; additional $30M delayed draw notes available.","Thacker Pass Phase 1 FID announced with GM; construction target late 2027 for 40,000 t/y lithium carbonate.","Fully funded status achieved; DOE $2.26B loan conditions satisfied; GM contributed $100M, LAC $192M to JV.","Convertible note convertible at $3.78/share, maturity April 2030; capped conversion at 43.7M shares.","Production payments: fixed $128/tonne for 72 quarters, variable 0.96% of gross revenue for life of mine."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-074679","json":"https://secwatch.observer/filing/0001193125-25-074679.json","markdown":"https://secwatch.observer/filing/0001193125-25-074679.md","text":"https://secwatch.observer/filing/0001193125-25-074679.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1966983/000119312525074679/0001193125-25-074679-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1966983/000119312525074679/d939615d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T20:19:09.861760+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"}