secwatch / observer
8-K filed April 30, 2026, 7:59 PM ET ticker STRT CIK 0000933034
other material confidence high sentiment positive materiality 0.55

Strattec's JV replacement credit agreement releases company from guaranty obligations

STRATTEC SECURITY CORP

Machine-readable event card

schema_version
secwatch.filing_event.v1
accession
0001193125-26-197481
form_type
8-K
ticker
STRT
cik
0000933034
company_name
STRATTEC SECURITY CORP
filed_at
2026-04-30T23:59:59+00:00
discovered_at
2026-05-14T18:02:33.949924+00:00
generated_at
2026-05-15T01:29:07.627222+00:00
sec_items
["1.02"]
event_type
other_material
sentiment
positive
materiality_score
0.55
calibrated_materiality_score
0.55
confidence
high
secwatch_canonical_url
https://secwatch.observer/filing/0001193125-26-197481
json_url
https://secwatch.observer/filing/0001193125-26-197481.json
markdown_url
https://secwatch.observer/filing/0001193125-26-197481.md
text_url
https://secwatch.observer/filing/0001193125-26-197481.txt
edgar_index_url
https://www.sec.gov/Archives/edgar/data/933034/000119312526197481/0001193125-26-197481-index.htm
edgar_primary_document_url
https://www.sec.gov/Archives/edgar/data/933034/000119312526197481/strt-20260430.htm
generated_by_model
deepseek-v4-flash:cloud@v2
review_status
machine_generated
human_reviewed
false
corrected
false
correction_note
null
correction_timestamp
null
superseded_by
null

Source-grounded claims

d285b0f81d6db6fec4ea746e7389cea5dddf33f8

STRATTEC SECURITY CORP terminated Prior JV Credit Agreement with BMO Bank N.A. (effective 2026-04-30).

Effective as of April 30, 2026, ADAC-STRATTEC, LLC (“ADAC-STRATTEC”), a majority owned joint venture subsidiary of Strattec Security Corporation (the “Company”), entered into an Amended and Restated Credit Agreement with BMO Bank N.A. (the “New JV Credit Agreement”) that replaced ADAC-STRATTEC’s existing credit agreement, dated June 28, 2012, with BMO Bank N.A.

SEC 8-K Item 1.01/1.02 confidence 0.9 SEC evidence

Comparable filings

BBDC

Barings BDC receives $67M cash from adviser, enters new $11M credit support for Sierra legacy investments

Barings BDC, Inc. June 1, 2026, 4:15 PM ET other_material Items 1.01, 1.02, 9.01

same fact type: material_agreement same SEC item: 1.02 same event type: other_material similar materiality

This filing

Effective as of April 30, 2026, ADAC-STRATTEC, LLC (“ADAC-STRATTEC”), a majority owned joint venture subsidiary of Strattec Security Corporation (the “Company”), entered into an Amended and Restated Credit Agreement with BMO Bank N.A. (the “New JV Credit Agreement”) that replaced ADAC-STRATTEC’s existing credit agreement, dated June 28, 2012, with BMO Bank N.A.

Comparable filing

Barings BDC, Inc. (the “Company”) and Barings LLC (the “Adviser”) entered into a new Credit Support Agreement (the “New CSA”). The New CSA provides similar credit support as previously provided under the Prior CSA for the remaining unrealized investments in two portfolio companies previously covered by the Prior CSA in an amount equal to the $10,994,928 fair value of such investments as of May 29, 2026 (the “Remaining Obligation”).

Filing page SEC filing

SERV

Serve Robotics ends $150M ATM sales agreement, reports pro forma Q1 net loss of $51M from Diligent acquisition

Serve Robotics Inc. /DE/ May 11, 2026, 7:59 PM ET other_material Items 1.02, 8.01, 9.01

same fact type: material_agreement same SEC item: 1.02 same event type: other_material similar materiality

This filing

Effective as of April 30, 2026, ADAC-STRATTEC, LLC (“ADAC-STRATTEC”), a majority owned joint venture subsidiary of Strattec Security Corporation (the “Company”), entered into an Amended and Restated Credit Agreement with BMO Bank N.A. (the “New JV Credit Agreement”) that replaced ADAC-STRATTEC’s existing credit agreement, dated June 28, 2012, with BMO Bank N.A.

Comparable filing

On May 7, 2026, Serve Robotics Inc. (the “Company”) and each of Cantor Fitzgerald & Co., Wedbush Securities Inc., Northland Securities, Inc., Ladenburg Thalmann & Co. Inc. and Seaport Global Securities LLC (collectively, the “Agents”) agreed to terminate the Controlled Equity Offering SM Agreement, dated as of March 6, 2025 (the “Prior Sales Agreement”).

Filing page SEC filing

BBIO

BridgeBio Pharma establishes $500M at-the-market equity offering program

BridgeBio Pharma, Inc. May 8, 2026, 7:59 PM ET other_material Items 1.01, 1.02, 9.01

same fact type: material_agreement same SEC item: 1.02 same event type: other_material similar materiality

This filing

Effective as of April 30, 2026, ADAC-STRATTEC, LLC (“ADAC-STRATTEC”), a majority owned joint venture subsidiary of Strattec Security Corporation (the “Company”), entered into an Amended and Restated Credit Agreement with BMO Bank N.A. (the “New JV Credit Agreement”) that replaced ADAC-STRATTEC’s existing credit agreement, dated June 28, 2012, with BMO Bank N.A.

Comparable filing

On May 7, 2026, in connection with entering into the Agreement, the Company agreed with Goldman Sachs and Leerink Partners (formerly known as SVB Securities LLC), to terminate that certain Equity Distribution Agreement, dated May 4, 2023, by and among the Company, Goldman Sachs and Leerink Partners, effective as of May 7, 2026.

Filing page SEC filing

AVAI

AVAI Bio and Ainnova Tech mutually terminate JV agreement as of May 7, 2026

AVAI BIO, INC. May 8, 2026, 7:59 PM ET other_material Items 1.02, 9.01

same fact type: material_agreement same SEC item: 1.02 same event type: other_material similar materiality

This filing

Effective as of April 30, 2026, ADAC-STRATTEC, LLC (“ADAC-STRATTEC”), a majority owned joint venture subsidiary of Strattec Security Corporation (the “Company”), entered into an Amended and Restated Credit Agreement with BMO Bank N.A. (the “New JV Credit Agreement”) that replaced ADAC-STRATTEC’s existing credit agreement, dated June 28, 2012, with BMO Bank N.A.

Comparable filing

On May 7, 2026, Avai Bio, Inc., formerly known as Avant Technologies Inc. (the “Company” or “AVAI”), and Ainnova Tech Inc. (“Ainnova” or “AINN”) entered into a Mutual Termination Agreement (the “Termination Agreement”) to terminate, by mutual consent, the Joint Venture and License Agreement dated November 8, 2024 (effective as of November 11, 2024) (the “License Agreement”).

Filing page SEC filing

QETA

Quetta Acquisition cancels $1.04M in promissory notes with KM Quad

Quetta Acquisition Corp May 8, 2026, 7:59 PM ET other_material Items 1.02, 8.01

same fact type: material_agreement same SEC item: 1.02 same event type: other_material similar materiality

This filing

Effective as of April 30, 2026, ADAC-STRATTEC, LLC (“ADAC-STRATTEC”), a majority owned joint venture subsidiary of Strattec Security Corporation (the “Company”), entered into an Amended and Restated Credit Agreement with BMO Bank N.A. (the “New JV Credit Agreement”) that replaced ADAC-STRATTEC’s existing credit agreement, dated June 28, 2012, with BMO Bank N.A.

Comparable filing

On April 30, 2026, Quetta Acquisition Corporation (the “Company”) entered into that certain Release and Discharge of Promissory Notes (the “Release”) with KM Quad, a Cayman Islands exempted company (“KM Quad”).

Filing page SEC filing

BTBD

BT Brands terminates Aero Velocity merger; registration statement not declared effective by April 30, 2026

BT Brands, Inc. May 7, 2026, 7:59 PM ET other_material Items 1.02, 8.01, 7.01, 9.01

same fact type: material_agreement same SEC item: 1.02 same event type: other_material similar materiality

This filing

Effective as of April 30, 2026, ADAC-STRATTEC, LLC (“ADAC-STRATTEC”), a majority owned joint venture subsidiary of Strattec Security Corporation (the “Company”), entered into an Amended and Restated Credit Agreement with BMO Bank N.A. (the “New JV Credit Agreement”) that replaced ADAC-STRATTEC’s existing credit agreement, dated June 28, 2012, with BMO Bank N.A.

Comparable filing

On May 1, 2026, the Company delivered written notice to Aero terminating the Merger Agreement pursuant to Section 7.1(b) thereof.

Filing page SEC filing

LGND

Ligand terminates TR-Beta license with Viking over alleged material breach; Viking disputes

LIGAND PHARMACEUTICALS INC April 30, 2026, 7:59 PM ET other_material Items 1.02

same fact type: material_agreement same SEC item: 1.02 same event type: other_material similar materiality

This filing

Effective as of April 30, 2026, ADAC-STRATTEC, LLC (“ADAC-STRATTEC”), a majority owned joint venture subsidiary of Strattec Security Corporation (the “Company”), entered into an Amended and Restated Credit Agreement with BMO Bank N.A. (the “New JV Credit Agreement”) that replaced ADAC-STRATTEC’s existing credit agreement, dated June 28, 2012, with BMO Bank N.A.

Comparable filing

On April 24, 2026, Ligand Pharmaceuticals Incorporated (the “Company”) delivered written notice to Viking Therapeutics, Inc. (“Viking”) of termination of the TR-Beta Program (the “Termination Notice”) under that certain Master License Agreement, dated May 21, 2014, by and among the Company, Metabasis Therapeutics, Inc. and Viking, as amended by the First Amendment dated September 6, 2014, the Second Amendment dated April 8, 2015, and the Waiver, Consent and Third Amendment dated March 21, 2016 (the “License Agreement”).

Filing page SEC filing

AVR

Anteris terminates v2v development deal, pays $400K break fee

Anteris Technologies Global Corp. April 29, 2026, 7:59 PM ET other_material Items 1.02

same fact type: material_agreement same SEC item: 1.02 same event type: other_material similar materiality

This filing

Effective as of April 30, 2026, ADAC-STRATTEC, LLC (“ADAC-STRATTEC”), a majority owned joint venture subsidiary of Strattec Security Corporation (the “Company”), entered into an Amended and Restated Credit Agreement with BMO Bank N.A. (the “New JV Credit Agreement”) that replaced ADAC-STRATTEC’s existing credit agreement, dated June 28, 2012, with BMO Bank N.A.

Comparable filing

On April 28 , 2026, Anteris Technologies Global Corp., through its wholly owned subsidiary, Anteris Technologies Corporation (the “Company”), notified v2vmedtech, inc. (“v2v”) of its election to discontinue additional development contributions under the Contribution and Stock Purchase Agreement dated April 18, 2023 (the “Agreement”).

Filing page SEC filing

Source: SEC EDGAR
accession 0001193125-26-197481

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.