{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-421807","form_type":"8-K","ticker":"VISN","cik":"0001517228","company_name":"Vistance Networks, Inc.","filed_at":"2026-10-14T21:15:10+00:00","discovered_at":"2026-10-14T21:16:00.156684+00:00","generated_at":"2026-10-14T21:16:08.835804+00:00","sec_items":["8.01","9.01"],"event_type":"dividend","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Vistance declares $1.50/share special distribution, payable Nov 6; 2026 total $16.50/share","bullets":["Special cash distribution of $1.50/share payable Nov 6, 2026 to holders of record at close Oct 26, 2026.","Ex-dividend date Nov 9, 2026 (first business day after payment) because distribution is 25%+ of stock value under Nasdaq Rule 11140(b)(2).","Funded with available cash, including proceeds from the July 1, 2026 sale of the Ruckus Networks business.","CEO Chuck Treadway: total special distributions this year reach $16.50/share, alongside an ongoing share repurchase program and Aurora Networks strategic plan.","Expected U.S. tax treatment: return of capital up to shareholder basis, then capital gain; no meaningful earnings and profits; IRS Form 8937 to be posted within 45 days."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-421807","json":"https://secwatch.observer/filing/0001193125-26-421807.json","markdown":"https://secwatch.observer/filing/0001193125-26-421807.md","text":"https://secwatch.observer/filing/0001193125-26-421807.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1517228/000119312526421807/0001193125-26-421807-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1517228/000119312526421807/visn-20261014.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-14T21:16:08.835804+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"}