{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-233983","form_type":"8-K","ticker":"KPTI","cik":"0001503802","company_name":"Karyopharm Therapeutics Inc.","filed_at":"2025-10-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.576398+00:00","generated_at":"2026-05-17T04:18:35.513378+00:00","sec_items":["1.01","2.02","2.03","3.02","5.02","7.01","8.01","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.95,"calibrated_materiality_score":0.95,"confidence":"high","headline":"KPTI closes $67.5M debt package, note exchanges & $8.75M equity; runway into Q2 2026","bullets":["$27.5M new term loan (SOFR+10.25%), $25M interest/royalty deferrals, $15M liquidity covenant relief.","Exchanged $15M 2029 notes for new 9% 2028 notes and $24.25M Oct 2025 notes for stock & warrants.","Raised $8.75M via private placement of 7.2M shares and warrants at $6.64 exercise price.","Pro forma cash ~$36M; shares outstanding ~15.9M; total debt $112.5M term loan, $15M+$103.5M convert notes.","Lenders get board observer; interest payments paid-in-kind through March 2026, cash starts June 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-233983","json":"https://secwatch.observer/filing/0001193125-25-233983.json","markdown":"https://secwatch.observer/filing/0001193125-25-233983.md","text":"https://secwatch.observer/filing/0001193125-25-233983.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1503802/000119312525233983/0001193125-25-233983-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1503802/000119312525233983/d940170d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T04:18:35.513378+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"}