{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-122705","form_type":"8-K","ticker":"SNDK","cik":"0002023554","company_name":"Sandisk Corp","filed_at":"2026-03-25T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.018479+00:00","generated_at":"2026-05-15T09:06:54.733087+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Sandisk to invest $1.0B in Nanya for ~3.9% stake at 15% discount; DRAM supply deal","bullets":["Sandisk Technologies to purchase 138.7M Nanya shares for ~$1.0B (NTD 31.05B), a 15% discount to 30-day average.","The investment represents ~3.9% of Nanya's fully diluted outstanding shares.","Nanya will supply Sandisk with DRAM products under a multi-year strategic supply agreement.","Shares subject to 3-year lock-up under Taiwan law; closing expected within 15 days.","Transaction requires regulatory approvals including post-closing TWSE and FSC filings."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-122705","json":"https://secwatch.observer/filing/0001193125-26-122705.json","markdown":"https://secwatch.observer/filing/0001193125-26-122705.md","text":"https://secwatch.observer/filing/0001193125-26-122705.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2023554/000119312526122705/0001193125-26-122705-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2023554/000119312526122705/d136592d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T09:06:54.733087+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":"9299929e89613caeab5624f3dc7accc50b0826e5","claim":"Sandisk Corp entered into Equity Investment Agreement with Nanya Technology Corporation valued at approximately $1.0 billion (effective 2026-03-25).","evidence_excerpt":"On March 25, 2026, Sandisk Technologies, Inc. (the “Company”), a wholly-owned subsidiary of Sandisk Corporation, entered into a Private Placement Subscription Agreement (the “Equity Investment Agreement”) with Nanya Technology Corporation (“Nanya”), pursuant to which the Company agreed to make a strategic equity investment in Nanya through a private placement of Nanya common stock (the “Transaction”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2023554/000119312526122705/0001193125-26-122705-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Nanya Technology Corporation"},{"label":"Value","value":"approximately $1.0 billion"},{"label":"Effective","value":"2026-03-25"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}