{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-053333","form_type":"8-K","ticker":null,"cik":"0000108772","company_name":"XEROX CORP","filed_at":"2026-02-17T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.522590+00:00","generated_at":"2026-05-16T02:19:35.748919+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Xerox raises $450M via JV with TPG; IP contribution underpins new financing","bullets":["Joint Venture with TPG funded $405M senior secured term loans and $45M preferred equity, total $450M.","Proceeds distributed to Xerox for liquidity, Lexmark integration, and potential debt reduction.","Xerox contributed certain IP assets to JV; retains full license to use Xerox name and trademarks.","Financing strengthens balance sheet; complements prior liquidity actions from fall 2025.","COO Louie Pastor expects >$200M operating income growth in 2026 from acquisitions and transformation."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-053333","json":"https://secwatch.observer/filing/0001193125-26-053333.json","markdown":"https://secwatch.observer/filing/0001193125-26-053333.md","text":"https://secwatch.observer/filing/0001193125-26-053333.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/108772/000119312526053333/0001193125-26-053333-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/108772/000119312526053333/d74418d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T02:19:35.748919+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":"b16bd04347254ac0603fb6df027725178d2a9c1a","claim":"XEROX CORP entered into Shared Services and License Agreement with IPCo Holdings, IPCo, and Holdings (effective 2026-02-17).","evidence_excerpt":"On February 17, 2026, in connection with the formation of the Joint Venture, Holdings, Xerox, IPCo Holdings and IPCo entered into a Shared Services and License Agreement (the “ SSLA ”), pursuant to which (i) Holdings agreed to provide certain services to IPCo Holdings and IPCo and (ii) IPCo granted a worldwide royalty-free, non-exclusive, non-assignable, and sublicensable license in the Contributed IP to Xerox and, at the election of Holdings, certain of its subsidiaries","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/108772/000119312526053333/0001193125-26-053333-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"license"},{"label":"Counterparty","value":"IPCo Holdings, IPCo, and Holdings"},{"label":"Effective","value":"2026-02-17"}],"fact_type":"material_agreement"},{"claim_id":"fae8ff74570f823f7d83d0a1fc73b0e3734a470f","claim":"XEROX CORP entered into Credit Agreement with Alter Domus (US) LLC, as administrative agent and collateral agent, and the lending institutions from time to time party thereto valued at $405,000,000 (effective 2026-02-17).","evidence_excerpt":"On February 17, 2026 (the “ Closing Date ”), IPCo Holdings, as borrower, entered into that certain credit agreement (the “ Credit Agreement ”) with Alter Domus (US) LLC, as the administrative agent and the collateral agent, and the lending institutions from time to time party thereto, as lenders.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/108772/000119312526053333/0001193125-26-053333-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Alter Domus (US) LLC, as administrative agent and collateral agent, and the lending institutions from time to time party thereto"},{"label":"Value","value":"$405,000,000"},{"label":"Effective","value":"2026-02-17"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}