{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-286175","form_type":"8-K","ticker":"CALY","cik":"0000837465","company_name":"Callaway Golf Co","filed_at":"2025-11-18T23:59:59+00:00","discovered_at":"2026-05-14T18:02:42.335404+00:00","generated_at":"2026-05-16T18:59:27.996644+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Topgolf Callaway Brands to sell 60% stake in Topgolf to Leonard Green for ~$1.1B valuation; net proceeds ~$770M","bullets":["Transaction values Topgolf at ~$1.1 billion; Company to receive ~$770M in net proceeds.","Company to retain 40% stake; post-close focus on Callaway, Odyssey, TravisMathew, Ogio brands (~$2B revenue).","Expected closing in Q1 2026; subject to HSR and customary conditions; no financing condition.","Upon closing, Company plans to rename to Callaway Golf Company and change ticker to CALY.","Board unanimously approved; Goldman Sachs and Centerview Partners advised Company."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-286175","json":"https://secwatch.observer/filing/0001193125-25-286175.json","markdown":"https://secwatch.observer/filing/0001193125-25-286175.md","text":"https://secwatch.observer/filing/0001193125-25-286175.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/837465/000119312525286175/0001193125-25-286175-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/837465/000119312525286175/d55238d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T18:59:27.996644+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"}