{"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","headline":"Strattec's JV replacement credit agreement releases company from guaranty obligations","bullets":["Effective April 30, 2026, ADAC-STRATTEC entered a new credit agreement with BMO Bank N.A., replacing the prior 2012 agreement.","Strattec's guaranty, liens, and related obligations under the prior credit agreement were terminated and released.","Strattec is not a borrower, guarantor, or credit support party under the new JV credit agreement."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-197481","json":"https://secwatch.observer/filing/0001193125-26-197481.json","markdown":"https://secwatch.observer/filing/0001193125-26-197481.md","text":"https://secwatch.observer/filing/0001193125-26-197481.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/933034/000119312526197481/0001193125-26-197481-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/933034/000119312526197481/strt-20260430.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T01:29:07.627222+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":"d285b0f81d6db6fec4ea746e7389cea5dddf33f8","claim":"STRATTEC SECURITY CORP terminated Prior JV Credit Agreement with BMO Bank N.A. (effective 2026-04-30).","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/933034/000119312526197481/0001193125-26-197481-index.htm","confidence":0.9}],"comparable_filings":[{"accession":"0001379785-26-000024","ticker":"BBDC","company_name":"Barings BDC, Inc.","filed_at":"2026-06-01T20:15:45+00:00","headline":"Barings BDC receives $67M cash from adviser, enters new $11M credit support for Sierra legacy investments","event_type":"other_material","sec_items":["1.01","1.02","9.01"],"materiality_score":0.65,"calibrated_materiality_score":0.65,"match_reasons":["same fact type: material_agreement","same SEC item: 1.02","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001379785-26-000024","json":"https://secwatch.observer/filing/0001379785-26-000024.json","markdown":"https://secwatch.observer/filing/0001379785-26-000024.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1379785/000137978526000024/0001379785-26-000024-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1379785/000137978526000024/bbdc-20260529.htm"},"side_by_side_evidence":{"fact_type":"material_agreement","source_excerpt":"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.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/933034/000119312526197481/0001193125-26-197481-index.htm","comparable_excerpt":"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”).","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1379785/000137978526000024/0001379785-26-000024-index.htm"}},{"accession":"0001213900-26-054200","ticker":"SERV","company_name":"Serve Robotics Inc. /DE/","filed_at":"2026-05-11T23:59:59+00:00","headline":"Serve Robotics ends $150M ATM sales agreement, reports pro forma Q1 net loss of $51M from Diligent acquisition","event_type":"other_material","sec_items":["1.02","8.01","9.01"],"materiality_score":0.6,"calibrated_materiality_score":0.6,"match_reasons":["same fact type: material_agreement","same SEC item: 1.02","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-054200","json":"https://secwatch.observer/filing/0001213900-26-054200.json","markdown":"https://secwatch.observer/filing/0001213900-26-054200.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1832483/000121390026054200/0001213900-26-054200-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1832483/000121390026054200/ea028960901-8k_serve.htm"},"side_by_side_evidence":{"fact_type":"material_agreement","source_excerpt":"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.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/933034/000119312526197481/0001193125-26-197481-index.htm","comparable_excerpt":"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”).","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1832483/000121390026054200/0001213900-26-054200-index.htm"}},{"accession":"0001140361-26-019761","ticker":"BBIO","company_name":"BridgeBio Pharma, Inc.","filed_at":"2026-05-08T23:59:59+00:00","headline":"BridgeBio Pharma establishes $500M at-the-market equity offering program","event_type":"other_material","sec_items":["1.01","1.02","9.01"],"materiality_score":0.6,"calibrated_materiality_score":0.6,"match_reasons":["same fact type: material_agreement","same SEC item: 1.02","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-26-019761","json":"https://secwatch.observer/filing/0001140361-26-019761.json","markdown":"https://secwatch.observer/filing/0001140361-26-019761.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1743881/000114036126019761/0001140361-26-019761-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1743881/000114036126019761/ny20072667x2_8k.htm"},"side_by_side_evidence":{"fact_type":"material_agreement","source_excerpt":"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.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/933034/000119312526197481/0001193125-26-197481-index.htm","comparable_excerpt":"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.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1743881/000114036126019761/0001140361-26-019761-index.htm"}},{"accession":"0001740797-26-000011","ticker":"AVAI","company_name":"AVAI BIO, INC.","filed_at":"2026-05-08T23:59:59+00:00","headline":"AVAI Bio and Ainnova Tech mutually terminate JV agreement as of May 7, 2026","event_type":"other_material","sec_items":["1.02","9.01"],"materiality_score":0.6,"calibrated_materiality_score":0.6,"match_reasons":["same fact type: material_agreement","same SEC item: 1.02","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001740797-26-000011","json":"https://secwatch.observer/filing/0001740797-26-000011.json","markdown":"https://secwatch.observer/filing/0001740797-26-000011.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1740797/000174079726000011/0001740797-26-000011-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1740797/000174079726000011/avai_8kmay82026.htm"},"side_by_side_evidence":{"fact_type":"material_agreement","source_excerpt":"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.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/933034/000119312526197481/0001193125-26-197481-index.htm","comparable_excerpt":"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”).","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1740797/000174079726000011/0001740797-26-000011-index.htm"}},{"accession":"0001829126-26-004794","ticker":"QETA","company_name":"Quetta Acquisition Corp","filed_at":"2026-05-08T23:59:59+00:00","headline":"Quetta Acquisition cancels $1.04M in promissory notes with KM Quad","event_type":"other_material","sec_items":["1.02","8.01"],"materiality_score":0.5,"calibrated_materiality_score":0.5,"match_reasons":["same fact type: material_agreement","same SEC item: 1.02","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001829126-26-004794","json":"https://secwatch.observer/filing/0001829126-26-004794.json","markdown":"https://secwatch.observer/filing/0001829126-26-004794.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1978528/000182912626004794/0001829126-26-004794-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1978528/000182912626004794/quettaacq_8k.htm"},"side_by_side_evidence":{"fact_type":"material_agreement","source_excerpt":"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.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/933034/000119312526197481/0001193125-26-197481-index.htm","comparable_excerpt":"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”).","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1978528/000182912626004794/0001829126-26-004794-index.htm"}},{"accession":"0001477932-26-002841","ticker":"BTBD","company_name":"BT Brands, Inc.","filed_at":"2026-05-07T23:59:59+00:00","headline":"BT Brands terminates Aero Velocity merger; registration statement not declared effective by April 30, 2026","event_type":"other_material","sec_items":["1.02","8.01","7.01","9.01"],"materiality_score":0.65,"calibrated_materiality_score":0.65,"match_reasons":["same fact type: material_agreement","same SEC item: 1.02","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001477932-26-002841","json":"https://secwatch.observer/filing/0001477932-26-002841.json","markdown":"https://secwatch.observer/filing/0001477932-26-002841.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1718224/000147793226002841/0001477932-26-002841-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1718224/000147793226002841/btbd_8k.htm"},"side_by_side_evidence":{"fact_type":"material_agreement","source_excerpt":"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.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/933034/000119312526197481/0001193125-26-197481-index.htm","comparable_excerpt":"On May 1, 2026, the Company delivered written notice to Aero terminating the Merger Agreement pursuant to Section 7.1(b) thereof.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1718224/000147793226002841/0001477932-26-002841-index.htm"}},{"accession":"0000886163-26-000027","ticker":"LGND","company_name":"LIGAND PHARMACEUTICALS INC","filed_at":"2026-04-30T23:59:59+00:00","headline":"Ligand terminates TR-Beta license with Viking over alleged material breach; Viking disputes","event_type":"other_material","sec_items":["1.02"],"materiality_score":0.7,"calibrated_materiality_score":0.7,"match_reasons":["same fact type: material_agreement","same SEC item: 1.02","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0000886163-26-000027","json":"https://secwatch.observer/filing/0000886163-26-000027.json","markdown":"https://secwatch.observer/filing/0000886163-26-000027.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/886163/000088616326000027/0000886163-26-000027-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/886163/000088616326000027/lgnd-20260424.htm"},"side_by_side_evidence":{"fact_type":"material_agreement","source_excerpt":"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.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/933034/000119312526197481/0001193125-26-197481-index.htm","comparable_excerpt":"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”).","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/886163/000088616326000027/0000886163-26-000027-index.htm"}},{"accession":"0001140361-26-017846","ticker":"AVR","company_name":"Anteris Technologies Global Corp.","filed_at":"2026-04-29T23:59:59+00:00","headline":"Anteris terminates v2v development deal, pays $400K break fee","event_type":"other_material","sec_items":["1.02"],"materiality_score":0.5,"calibrated_materiality_score":0.5,"match_reasons":["same fact type: material_agreement","same SEC item: 1.02","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-26-017846","json":"https://secwatch.observer/filing/0001140361-26-017846.json","markdown":"https://secwatch.observer/filing/0001140361-26-017846.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/2011514/000114036126017846/0001140361-26-017846-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2011514/000114036126017846/ef20071159_8k.htm"},"side_by_side_evidence":{"fact_type":"material_agreement","source_excerpt":"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.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/933034/000119312526197481/0001193125-26-197481-index.htm","comparable_excerpt":"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”).","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/2011514/000114036126017846/0001140361-26-017846-index.htm"}}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}