{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-071158","form_type":"8-K","ticker":"PAL","cik":"0001998768","company_name":"Proficient Auto Logistics, Inc","filed_at":"2024-08-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:15.333394+00:00","generated_at":"2026-05-31T08:33:37.233011+00:00","sec_items":["1.01","2.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Proficient Auto Logistics completes acquisition of Auto Transport Group for $28.9M cash plus 1.07M shares","bullets":["Cash consideration of ~$28.9M plus ~1.07M shares of PAL common stock; ~105K shares held back for indemnification.","ATG operates 76 tractors and 76 trailers providing vehicle transport in the Mountain Western region.","Registration rights agreement for resale of shares with lock-up periods of 9 and 12 months for half each.","Transaction funded from cash on hand and borrowings under available credit facilities."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-071158","json":"https://secwatch.observer/filing/0001213900-24-071158.json","markdown":"https://secwatch.observer/filing/0001213900-24-071158.md","text":"https://secwatch.observer/filing/0001213900-24-071158.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1998768/000121390024071158/0001213900-24-071158-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1998768/000121390024071158/ea0211944-8k_proficient.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T08:33:37.233011+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"}