{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-349161","form_type":"8-K","ticker":"LAC","cik":"0001966983","company_name":"LITHIUM AMERICAS CORP.","filed_at":"2026-08-13T20:06:37+00:00","discovered_at":"2026-08-13T20:09:04.456747+00:00","generated_at":"2026-08-13T20:09:37.710833+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Lithium Americas closes $150M convertible debenture placement with YA II PN","bullets":["Closed initial $150M subordinated convertible debenture sale to YA II PN; $25M more possible via delayed closings.","5-year maturity, 5% coupon (steps to 7.5% and 15% on trigger events); conversion at lower of $4.56 or 95% of 5-day VWAP, floor $1.63.","Proceeds for general corporate purposes; cash principal repayments capped at $35M while Orion notes outstanding.","Optional redemption after 181 days at 110% of principal; change-of-control repurchase at 110% plus accrued interest.","Registration rights agreement requires resale registration statement within 3 business days after Q2 10-Q filing."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-349161","json":"https://secwatch.observer/filing/0001193125-26-349161.json","markdown":"https://secwatch.observer/filing/0001193125-26-349161.md","text":"https://secwatch.observer/filing/0001193125-26-349161.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1966983/000119312526349161/0001193125-26-349161-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1966983/000119312526349161/d131555d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-13T20:09:37.710833+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"}