{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-237172","form_type":"8-K/A","ticker":"KDK","cik":"0001853138","company_name":"Kodiak AI, Inc.","filed_at":"2025-10-10T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.820604+00:00","generated_at":"2026-05-17T04:06:10.459431+00:00","sec_items":["9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.85,"confidence":"high","headline":"Kodiak AI updates pro forma; Preferred & PIPE Warrant fair value exceeds consideration by $170.5M","bullets":["Business combination with AACT closed Sept 24, 2025; Legacy Kodiak holders received ~$2.5B / ~$11.45 per share.","Preferred PIPE raised $145M for 142,155 preferred shares and warrants for 17.8M shares; initial conversion/exercise price $12.00.","Preliminary fair values: Preferred Stock ~$229.1M, PIPE Warrants ~$86.4M, total $315.5M vs $145M consideration.","Excess $170.5M recorded as deemed dividend, reducing retained earnings; accounting as reverse recapitalization.","Non-Redemption Agreements issued warrants for 7.6M shares and 368k shares of common stock."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-237172","json":"https://secwatch.observer/filing/0001193125-25-237172.json","markdown":"https://secwatch.observer/filing/0001193125-25-237172.md","text":"https://secwatch.observer/filing/0001193125-25-237172.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1853138/000119312525237172/0001193125-25-237172-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1853138/000119312525237172/d58954d8ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T04:06:10.459431+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"}