{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-22-078786","form_type":"8-K","ticker":null,"cik":"0001759008","company_name":"CarLotz, Inc.","filed_at":"2022-12-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:52.006206+00:00","generated_at":"2026-06-21T06:51:30.733056+00:00","sec_items":["2.01","3.01","3.03","5.01","5.02","5.03","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Shift Technologies closes merger with CarLotz; LOTZ shareholders receive 0.705 Shift shares per share","bullets":["Merger closed Dec 9, 2022; CarLotz shareholders get 0.705241 Shift shares per LOTZ share, aggregate ~84.4M Shift shares.","CarLotz becomes wholly owned subsidiary of Shift; LOTZ common stock and warrants delisted from Nasdaq effective Dec 9.","CarLotz board (Abraham, Carrel, Liu, Mitchell, Sheehy, Skinner, Solorzano) and executives (Peker, Kaya, Kovshilovsky, Stoltz, Sanders) resigned.","Three CarLotz directors (Sheehy, Skinner, Solorzano) join Shift board after Krikorian and Patel resigned from Shift board.","CarLotz to file Form 25 for delisting and Form 15 to suspend reporting; combined company trades under ticker SFT."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-22-078786","json":"https://secwatch.observer/filing/0001213900-22-078786.json","markdown":"https://secwatch.observer/filing/0001213900-22-078786.md","text":"https://secwatch.observer/filing/0001213900-22-078786.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1759008/000121390022078786/0001213900-22-078786-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1759008/000121390022078786/ea169919-8k_carlotzinc.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T06:51:30.733056+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":"0288febf26","claim":"Thomas W. 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Skinner and Luis Ignacio Solorzano, ceased to be directors of CarLotz.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1759008/000121390022078786/0001213900-22-078786-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"ceased to be director"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"32165f3353","claim":"Nanxi Liu departed as Director at CarLotz, Inc..","evidence_excerpt":"all members of the CarLotz board of directors (the “ Board ”), Linda B. Abraham, Steven G. Carrel, Nanxi Liu, David R. Mitchell, Kimberly H. Sheehy, James E. Skinner and Luis Ignacio Solorzano, ceased to be directors of CarLotz.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1759008/000121390022078786/0001213900-22-078786-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"ceased to be director"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"52c832fc1d","claim":"Steven G. Carrel departed as Director at CarLotz, Inc..","evidence_excerpt":"all members of the CarLotz board of directors (the “ Board ”), Linda B. Abraham, Steven G. Carrel, Nanxi Liu, David R. Mitchell, Kimberly H. Sheehy, James E. Skinner and Luis Ignacio Solorzano, ceased to be directors of CarLotz.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1759008/000121390022078786/0001213900-22-078786-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"ceased to be director"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"6c97ff570b","claim":"David R. Mitchell departed as Director at CarLotz, Inc..","evidence_excerpt":"all members of the CarLotz board of directors (the “ Board ”), Linda B. Abraham, Steven G. Carrel, Nanxi Liu, David R. Mitchell, Kimberly H. Sheehy, James E. 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Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}