{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-202878","form_type":"8-K","ticker":"KDK","cik":"0001853138","company_name":"Kodiak AI, Inc.","filed_at":"2025-09-15T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.368515+00:00","generated_at":"2026-05-17T06:40:05.419206+00:00","sec_items":["1.01","3.02","7.01","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"AACT secures $145M Series A Preferred Investment for Kodiak business combination","bullets":["Preferred investors commit $145M for Series A Cumulative Convertible Preferred Stock with 9.99% dividend rate (PIK) or 7.99% cash.","Each preferred share ($1,200 stated value) convertible at $12.00 per share, subject to anti-dilution and price reset triggers at 6 and 9 months.","Investors receive PIPE Warrants for 125% of convertible shares; warrants exercisable at $12.00 per share for 6 years.","Shareholder meeting to approve the business combination scheduled for September 23, 2025.","Updated sources/uses tables show $155M from PIPE and preferred investment; $562M cash-in-trust under no-redemption scenario."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-202878","json":"https://secwatch.observer/filing/0001193125-25-202878.json","markdown":"https://secwatch.observer/filing/0001193125-25-202878.md","text":"https://secwatch.observer/filing/0001193125-25-202878.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1853138/000119312525202878/0001193125-25-202878-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1853138/000119312525202878/d945093d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T06:40:05.419206+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":"b3d418a4728600b8fc76e8d0c855a323819752fd","claim":"Kodiak AI, Inc. issued shares of Kodiak Series A Preferred Stock and PIPE Warrants of preferred stock to certain institutional and accredited investors for aggregate purchase price of $145 million.","evidence_excerpt":"the proposed business combination. As of September 15, 2025, AACT has entered into a Subscription Agreement with certain Preferred Investors for an aggregate purchase price of $145 million. One of such Preferred Investors previously entered into a subscription agreement for an aggregate purchase price of $50 million in connection with AACT’s previously announced","evidence_source":"SEC 8-K Item 3.02/3.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1853138/000119312525202878/0001193125-25-202878-index.htm","confidence":0.9,"family_label":"Equity Issuances","details":[{"label":"Security","value":"preferred stock"},{"label":"Shares","value":"shares of Kodiak Series A Preferred Stock and PIPE Warrants"},{"label":"Purchaser","value":"certain institutional and accredited investors"},{"label":"Consideration","value":"aggregate purchase price of $145 million"}],"fact_type":"equity_issuance"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}