{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-153141","form_type":"8-K","ticker":"BIRD","cik":"0001653909","company_name":"Allbirds, Inc.","filed_at":"2025-07-01T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.571573+00:00","generated_at":"2026-05-18T10:00:15.186767+00:00","sec_items":["1.01","1.02","2.03","7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Allbirds secures $75M credit facility and $50M ATM equity program","bullets":["New $50M asset-based revolving credit facility with $25M accordion (total $75M), replacing prior $50M facility maturing April 2026.","Facility priced at SOFR+575 bps, matures June 30, 2028; proceeds for general corporate purposes.","ATM sales agreement with TD Cowen for up to $50M of Class A common stock; registration for $22.5M filed but not yet effective.","Prior $50M revolving credit facility with JPMorgan Chase terminated upon repayment.","Company reported $39.1M cash as of March 31, 2025; CFO says actions enhance capital structure."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-153141","json":"https://secwatch.observer/filing/0001193125-25-153141.json","markdown":"https://secwatch.observer/filing/0001193125-25-153141.md","text":"https://secwatch.observer/filing/0001193125-25-153141.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1653909/000119312525153141/0001193125-25-153141-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1653909/000119312525153141/d66594d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T10:00:15.186767+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":"8ab159d612a4397fca25c85a568f091c98f788f4","claim":"Allbirds, Inc. incurred revolving credit of $50,000,000 with Second Avenue Capital Partners LLC at Term SOFR Reference Rate plus 0.15% plus 5.75% maturing June 30, 2028.","evidence_excerpt":"On June 30, 2025, the Company, as borrower, entered into a Credit Agreement (the “ Credit Agreement ”) with Second Avenue Capital Partners LLC, as administrative agent and collateral agent (in such capacities, the “ Agent” ) and the lenders from time to time a party thereto (the “ Lenders ”), establishing a revolving credit facility in favor of the Company with aggregate revolving commitments initially set at $50,000,000, which can be increased, in the sole discretion of the Lenders, up to $75,000,000.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1653909/000119312525153141/0001193125-25-153141-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$50,000,000"},{"label":"Counterparty","value":"Second Avenue Capital Partners LLC"},{"label":"Rate","value":"Term SOFR Reference Rate plus 0.15% plus 5.75%"},{"label":"Maturity","value":"June 30, 2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}