{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-205483","form_type":"8-K","ticker":"ADTN","cik":"0000926282","company_name":"ADTRAN Holdings, Inc.","filed_at":"2025-09-17T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.723667+00:00","generated_at":"2026-05-17T06:25:59.473547+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"ADTRAN prices upsized $175M 3.75% convertible notes due 2030; proceeds to repay Wells Fargo borrowings","bullets":["Upsized from $150M to $175M; initial purchasers have option for additional $26.25M.","Notes bear 3.75% interest, mature Sept 15, 2030; conversion price ~$11.52/share (30% premium over $8.86).","Net proceeds ~$168.1M; ~$152.8M to repay Adtran, Inc. borrowings under Amended Wells Fargo Credit Agreement.","Capped call transactions entered to reduce dilution; cap price ~$15.51/share (75% premium).","Sixth Amendment to credit agreement consents to up to $230M new convertible indebtedness and modifies subline facility."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-205483","json":"https://secwatch.observer/filing/0001193125-25-205483.json","markdown":"https://secwatch.observer/filing/0001193125-25-205483.md","text":"https://secwatch.observer/filing/0001193125-25-205483.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/926282/000119312525205483/0001193125-25-205483-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/926282/000119312525205483/adtn-20250915.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T06:25:59.473547+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"}