{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-156603","form_type":"8-K","ticker":"LAMR","cik":"0001090425","company_name":"LAMAR ADVERTISING CO/NEW","filed_at":"2025-07-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.312905+00:00","generated_at":"2026-05-18T09:00:08.369693+00:00","sec_items":["3.02"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Lamar issues 1.19M common units to acquire Verde Outdoor assets with 1,500+ billboards","bullets":["Issued 1,187,500 Common Units to Verde Outdoor owners as consideration for asset acquisition.","Acquired assets include over 1,500 billboard faces across ten states.","Common Units are redeemable after ~12 months for cash or, at Lamar's option, Class A common stock.","Issuance exempt from registration under Section 4(a)(2) and Rule 506(b) of Regulation D.","Each recipient represented as an accredited investor."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-156603","json":"https://secwatch.observer/filing/0001193125-25-156603.json","markdown":"https://secwatch.observer/filing/0001193125-25-156603.md","text":"https://secwatch.observer/filing/0001193125-25-156603.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1090425/000119312525156603/0001193125-25-156603-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1090425/000119312525156603/d72945d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T09:00:08.369693+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"}