{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-154879","form_type":"8-K","ticker":"CMRC","cik":"0001626450","company_name":"Commerce.com, Inc.","filed_at":"2026-04-14T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.610693+00:00","generated_at":"2026-05-15T06:23:21.072865+00:00","sec_items":["1.01","3.03","5.03","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Commerce.com (CMRC) adopts rights plan to block Rezolve Ai's (RZLV) unsolicited bid at 47% discount","bullets":["Rezolve Ai proposed exchanging 1 share for every 2 Commerce.com shares, implying a 47% discount based on $2.88 closing on April 7.","Board determined proposal significantly undervalues the company and does not warrant further engagement.","Rights plan triggers at 10% beneficial ownership (20% for passive institutional investors), exercise price $13.00, expires April 12, 2027.","One right per share distributed to holders of record on April 27, 2026; rights redeemable at $0.01 before a triggering event.","Plan is limited duration, designed to protect stockholder interests and ensure fair treatment in any takeover attempt."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-154879","json":"https://secwatch.observer/filing/0001193125-26-154879.json","markdown":"https://secwatch.observer/filing/0001193125-26-154879.md","text":"https://secwatch.observer/filing/0001193125-26-154879.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1626450/000119312526154879/0001193125-26-154879-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1626450/000119312526154879/d565968d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T06:23:21.072865+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"}