{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-126563","form_type":"8-K","ticker":"ADV","cik":"0001776661","company_name":"Advantage Solutions Inc.","filed_at":"2026-03-26T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.141378+00:00","generated_at":"2026-05-15T08:52:00.454450+00:00","sec_items":["3.03","5.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Advantage Solutions effects 1-for-25 reverse stock split effective March 26, 2026","bullets":["Reverse stock split at ratio 1-for-25 approved by board on March 16, effective 5:00 p.m. ET on March 26.","Every 25 shares of Class A common stock reclassified into one share; fractional shares paid in cash based on closing price on March 26.","Trading expected to begin on split-adjusted basis on March 27 under same symbol ADV; new CUSIP 00791N 201."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-126563","json":"https://secwatch.observer/filing/0001193125-26-126563.json","markdown":"https://secwatch.observer/filing/0001193125-26-126563.md","text":"https://secwatch.observer/filing/0001193125-26-126563.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1776661/000119312526126563/0001193125-26-126563-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1776661/000119312526126563/d58735d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T08:52:00.454450+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":"7554b27473e09ff07b9f48fc918e599e536fe882","claim":"Advantage Solutions Inc.: Effected a 1-for-25 reverse stock split by filing a Certificate of Amendment to the Third Amended and Restated Certificate of Incorporation (effective 2026-03-26).","evidence_excerpt":"On March 26, 2026, the Company filed with the Secretary of State of the State of Delaware a certificate of amendment (the “Certificate of Amendment”) to amend the Certificate of Incorporation to effect the Reverse Stock Split.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1776661/000119312526126563/0001193125-26-126563-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2026-03-26"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}