{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-257489","form_type":"8-K","ticker":"KDP","cik":"0001418135","company_name":"Keurig Dr Pepper Inc.","filed_at":"2025-10-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.360926+00:00","generated_at":"2026-05-17T01:17:29.082005+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"KDP raises $3B convertible preferred from KKR & Apollo, $4B JV for pod manufacturing to fund JDE Peet's buy","bullets":["Issues 3M shares of 4.75% Series A Convertible Perpetual Preferred at $1,000/share for $3B to KKR and Apollo.","Enters JV commitment with KKR, Apollo, Goldman Sachs: $4B cash for 49% stake in pod manufacturing subsidiary.","Proceeds from both financings will partially fund the pending acquisition of JDE Peet’s (all ordinary shares).","Preferred converts at $37.25/share, with initial 50% conversion cap; spin-off of coffee business triggers adjustments.","JV includes 8-year call right for KDP, 15-year conversion right for JV partner, and quarterly cash distributions."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-257489","json":"https://secwatch.observer/filing/0001193125-25-257489.json","markdown":"https://secwatch.observer/filing/0001193125-25-257489.md","text":"https://secwatch.observer/filing/0001193125-25-257489.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1418135/000119312525257489/0001193125-25-257489-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1418135/000119312525257489/d36737d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T01:17:29.082005+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"}