{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-052147","form_type":"8-K","ticker":null,"cik":"0001855168","company_name":"Williams Rowland Acquisition Corp.","filed_at":"2023-06-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.273822+00:00","generated_at":"2026-06-13T16:33:02.979161+00:00","sec_items":["1.01","5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"SPAC founder shares and warrants sold to sponsor for $300k; co-CEO Rowland resigns","bullets":["Wrac, Ltd. sells 2,514,663 founder shares and 5,550,000 warrants to Williams Rowland Sponsor LLC for $300,000 cash.","Jonathan Rowland resigns as director and co-CEO effective June 24, 2023; cited no disagreement with operations.","Transaction transfers all SPAC securities owned by Rowland and his seller entity to the sponsor controlled by David B. Williams.","Williams Rowland Sponsor LLC becomes the sole holder of founder shares and warrants; David B. Williams remains CEO."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-052147","json":"https://secwatch.observer/filing/0001213900-23-052147.json","markdown":"https://secwatch.observer/filing/0001213900-23-052147.md","text":"https://secwatch.observer/filing/0001213900-23-052147.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1855168/000121390023052147/0001213900-23-052147-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1855168/000121390023052147/ea181028-8k_williamsro.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T16:33:02.979161+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":"a12c95a0f1","claim":"Jonathan Rowland resigned as director and co-chief executive officer at Williams Rowland Acquisition Corp..","evidence_excerpt":"On June 24, 2023, Jonathan Rowland informed the Board of Directors of the Registrant that he was resigning his positions as a director and as co-chief executive officer of the Registrant.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1855168/000121390023052147/0001213900-23-052147-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"director and co-chief executive officer"}],"fact_type":"executive_change"},{"claim_id":"44bc5af6f02ef99156e5072ecb1048292963cc7d","claim":"Williams Rowland Acquisition Corp. entered into Securities Purchase Agreement with Wrac, Ltd. valued at $300,000 (effective 2023-06-22).","evidence_excerpt":"On June 22, 2023, Wrac, Ltd. a Guernsey Limited Liability Company (“ Seller ”), Williams Rowland Sponsor, LLC, a Delaware Limited Liability Company (“ Buyer ”), Jonathan Rowland and David B. Williams (each, a “ Party ” and, collectively, the “ Parties ”) entered into a Securities Purchase Agreement (the “ Agreement ”) pursuant to which Seller transferred 2,514,663 shares (the “ Founder Shares ”) of the common stock, par value $0.0001 per share (the “ Common Stock ”) of Williams Rowland Acquisition Corp. (the “ Registrant ”) and 5,550,000 warrants to purchase shares of Common Stock (the “ Warrants ” and, collectively with the Founder Shares, the “ Securities ”) constituting all of the securities of SPAC owned by the Seller or Jonathan Rowland for a payment of $300,000.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1855168/000121390023052147/0001213900-23-052147-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Wrac, Ltd."},{"label":"Value","value":"$300,000"},{"label":"Effective","value":"2023-06-22"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}