{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-041284","form_type":"8-K","ticker":"KRMN","cik":"0002040127","company_name":"Karman Holdings Inc.","filed_at":"2026-02-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.098281+00:00","generated_at":"2026-05-16T04:11:18.431260+00:00","sec_items":["1.01","8.01","2.03","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Karman Holdings acquires Seemann Composites and MSC for $220M; term loan increased to $767.8M","bullets":["Acquired Seemann Composites and MSC for $210M cash + $10M in Karman stock, closed Feb 3, 2026.","Amended credit agreement: term loan increased to $767.8M, rate reduced 75bps to SOFR+2.75%.","Acquisition expected immediately accretive in 2026 to revenue, EBITDA, EPS, cash flow.","New 'Maritime Defense Systems' end market created; combined entity has 95 years of experience.","Sid Charbonnet, president of Seemann and MSC, joins Karman leadership team."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-041284","json":"https://secwatch.observer/filing/0001193125-26-041284.json","markdown":"https://secwatch.observer/filing/0001193125-26-041284.md","text":"https://secwatch.observer/filing/0001193125-26-041284.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2040127/000119312526041284/0001193125-26-041284-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2040127/000119312526041284/d60925d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T04:11:18.431260+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":[{"claim_id":"1fa9934324f3019e4f346bd7b56bb1ab9d1290e5","claim":"Karman Holdings Inc. amended credit facility with Citibank, N.A., as Administrative Agent and Collateral Agent at SOFR plus 2.75%.","evidence_excerpt":"the Company (i) refinanced its existing term loans in an aggregate principal amount of $502,800,000 to reduce the interest rate applicable thereto by 75 basis points to SOFR plus 2.75%","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/2040127/000119312526041284/0001193125-26-041284-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Counterparty","value":"Citibank, N.A., as Administrative Agent and Collateral Agent"},{"label":"Rate","value":"SOFR plus 2.75%"},{"label":"Event","value":"amendment"}]},{"claim_id":"985a01f83daa23572db3ad197b572debafcc8a42","claim":"Karman Holdings Inc. incurred term loan of $265,000,000 with Citibank, N.A., as Administrative Agent and Collateral Agent.","evidence_excerpt":"the Company increased the principal amount of its term loans by $265,000,000, for a total principal amount of $767,800,000","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/2040127/000119312526041284/0001193125-26-041284-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$265,000,000"},{"label":"Counterparty","value":"Citibank, N.A., as Administrative Agent and Collateral Agent"},{"label":"Event","value":"incurrence"}]},{"claim_id":"7d890292b276e86fd23f3e69f3950df05c1b1431","claim":"Karman Holdings Inc. amended Third Amendment with Citibank, N.A., as Administrative Agent and Collateral Agent (effective 2026-02-02).","evidence_excerpt":"On February 2, 2026, Karman Holdings Inc. (the “Company”) entered into a Third Amendment to its Credit Agreement (the “Third Amendment”), which amends the Credit Agreement, dated as of April 1, 2025","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2040127/000119312526041284/0001193125-26-041284-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Citibank, N.A., as Administrative Agent and Collateral Agent"},{"label":"Effective","value":"2026-02-02"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}