{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-199180","form_type":"8-K","ticker":"JBTM","cik":"0001433660","company_name":"JBT MAREL Corp","filed_at":"2025-09-09T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.983161+00:00","generated_at":"2026-05-17T07:16:50.570326+00:00","sec_items":["1.01","2.03","3.02","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"JBT Marel closes $575M 0.375% convertible notes due 2030; net proceeds ~$506M","bullets":["$575M aggregate principal (incl. $75M greenshoe) of 0.375% convertible senior notes due 2030.","Initial conversion price ~$187.77/share (32.5% premium over $141.71 closing price on Sept 4).","Net proceeds ~$506.1M; to repay revolver borrowings and refinance 0.25% convertible notes due 2026.","Entered convertible note hedge and warrant transactions; warrant strike $283.42/share (100% premium).","Notes redeemable on/after Sept 20, 2028 if stock price ≥130% of conversion price for 20 of 30 trading days."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-199180","json":"https://secwatch.observer/filing/0001193125-25-199180.json","markdown":"https://secwatch.observer/filing/0001193125-25-199180.md","text":"https://secwatch.observer/filing/0001193125-25-199180.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1433660/000119312525199180/0001193125-25-199180-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1433660/000119312525199180/d25383d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T07:16:50.570326+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":"24c4d26d214ee400842a223d66088318c5ef3dc1","claim":"JBT MAREL Corp issued maximum number of shares of the common stock issuable in connection with the warrants is 6,124,672 of warrant to option counterparties.","evidence_excerpt":"the Company also entered into warrant transactions with the option counterparties whereby it sold to the option counterparties warrants to purchase, subject to customary anti-dilution adjustments, up to the same number of shares of the common stock","evidence_source":"SEC 8-K Item 3.02/3.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1433660/000119312525199180/0001193125-25-199180-index.htm","confidence":0.9,"family_label":"Equity Issuances","details":[{"label":"Security","value":"warrant"},{"label":"Shares","value":"maximum number of shares of the common stock issuable in connection with the warrants is 6,124,672"},{"label":"Purchaser","value":"option counterparties"}],"fact_type":"equity_issuance"},{"claim_id":"ad2934cd2c58c5b393842c002e7c94309ca1d600","claim":"JBT MAREL Corp issued convertible note to initial purchasers for $575.0 million aggregate principal amount.","evidence_excerpt":"On September 9, 2025, JBT Marel Corporation (the “Company”) closed its previously announced private offering (the “Offering”) of $575.0 million aggregate principal amount of the Company’s 0.375% Convertible Senior Notes due 2030","evidence_source":"SEC 8-K Item 3.02/3.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1433660/000119312525199180/0001193125-25-199180-index.htm","confidence":0.9,"family_label":"Equity Issuances","details":[{"label":"Security","value":"convertible note"},{"label":"Purchaser","value":"initial purchasers"},{"label":"Consideration","value":"$575.0 million aggregate principal amount"}],"fact_type":"equity_issuance"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}