{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-095635","form_type":"8-K","ticker":null,"cik":"0001822145","company_name":"Presto Automation Inc.","filed_at":"2023-12-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.732943+00:00","generated_at":"2026-06-07T13:01:53.513005+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Presto CFO resigns; Mbugua appointed interim; Voice AI at 85% NIR, $100M+ approachable revenue","bullets":["Nathan Cook resigns as interim CFO; Stanley Mbugua appointed as interim CFO effective Dec 14, 2023.","Presto Voice AI achieves average Non-Intervention Rate of 85%, with select locations at 95%+; 30% of orders at pilot locations require no human agent entry.","Targeting 80% of AI-enabled stores with enhanced AI capability (no human agent entry) by March 31, 2024; site margins targeted to become highly positive by Q4'25.","Expandable annual revenue opportunity of $17M from locations under MSA/pilot; approachable opportunity exceeds $100M total.","Presto expects to sell, partially sell, or wind down Presto Touch business, reducing monthly expenditures by $0.3-0.7M."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-095635","json":"https://secwatch.observer/filing/0001213900-23-095635.json","markdown":"https://secwatch.observer/filing/0001213900-23-095635.md","text":"https://secwatch.observer/filing/0001213900-23-095635.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1822145/000121390023095635/0001213900-23-095635-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1822145/000121390023095635/ea190049-8k_presto.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T13:01:53.513005+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":"4f17d63f30","claim":"Nathan Cook resigned as Interim Chief Financial Officer at Presto Automation Inc..","evidence_excerpt":"On December 13, 2023, Nathan Cook submitted his resignation as Interim Chief Financial Officer of Presto Automation Inc. Company (“Presto” or the “Company”) , effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1822145/000121390023095635/0001213900-23-095635-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Interim Chief Financial Officer"}],"fact_type":"executive_change"},{"claim_id":"f77cb6a690","claim":"Stanley Mbugua was appointed as Interim Chief Financial Officer at Presto Automation Inc..","evidence_excerpt":"On December 14, 2023, the Board of Directors (the “Board”) of Presto appointed Stanley Mbugua to serve as Interim Chief Financial Officer , effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1822145/000121390023095635/0001213900-23-095635-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Interim Chief Financial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}