{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-342799","form_type":"8-K","ticker":"TISI","cik":"0000318833","company_name":"TEAM INC","filed_at":"2026-08-10T21:52:35+00:00","discovered_at":"2026-08-11T10:05:11.220173+00:00","generated_at":"2026-08-11T10:06:06.502366+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Stellex acquires 1.6M TISI shares from Corre at $35.50, becomes largest shareholder","bullets":["Stellex acquires all 1,604,326 TISI shares from Corre at $35.50/share; company receives no proceeds.","Stellex to own ~35% of TISI common stock, plus preferred and warrants issued Sept 2025, becoming largest shareholder.","Corre irrevocably waived board observation and nomination rights on Aug 6, 2026; retains only Lender Director rights.","Chairman Michael Caliel calls transaction a strong vote of confidence; Stellex MD Olivia Zhao cites alignment."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-342799","json":"https://secwatch.observer/filing/0001193125-26-342799.json","markdown":"https://secwatch.observer/filing/0001193125-26-342799.md","text":"https://secwatch.observer/filing/0001193125-26-342799.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/318833/000119312526342799/0001193125-26-342799-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/318833/000119312526342799/d55393d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-11T10:06:06.502366+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"}