{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-034702","form_type":"8-K","ticker":"LPAA","cik":"0002015502","company_name":"Launch One Acquisition Corp.","filed_at":"2026-03-26T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.996979+00:00","generated_at":"2026-05-15T08:54:40.873047+00:00","sec_items":["2.03","8.01","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Launch One Acquisition secures up to $1M working capital note from sponsor; 51% founder shares pledged as collateral","bullets":["Note allows up to $1,000,000 in loans; original issue discount of 20% yields $1,250,000 principal amount.","Initial $500,000 loan funded at issuance; two additional $250,000 tranches at sponsor's election.","Interest rate of 8% (26% default); maturity upon business combination or liquidation.","Sponsor pledged 2,932,500 Class B ordinary shares (~51% of founder shares) under separate Credit Agreement.","Proceeds to cover past and ongoing operational expenses due to limited year-end cash."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-034702","json":"https://secwatch.observer/filing/0001213900-26-034702.json","markdown":"https://secwatch.observer/filing/0001213900-26-034702.md","text":"https://secwatch.observer/filing/0001213900-26-034702.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2015502/000121390026034702/0001213900-26-034702-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2015502/000121390026034702/ea0283519-8k425_launch.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T08:54:40.873047+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":"a03215f8aee29fbc590d92b8460f0d8849cd76d7","claim":"Launch One Acquisition Corp. incurred loan of up to $1,000,000 with Launch One Sponsor, LLC at annual interest of 8%, with a default interest rate of an additional 18% (for a maturing the consummation of the Company’s initial business combination or the effective date of the winding up of the Company (or if earlier, upon an event of default).","evidence_excerpt":"On March 20, 2026, Launch One Acquisition Corp. (the “ Company ”), entered into a Working Capital Promissory Note (the “ Working Capital Note ”) with Launch One Sponsor, LLC (the “ Sponsor ”), the sponsor of the Company, pursuant to which the Sponsor may loan up to $1,000,000 to the Company in up to three tranches","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/2015502/000121390026034702/0001213900-26-034702-index.htm","confidence":0.95}],"comparable_filings":[{"accession":"0001104659-26-057239","ticker":"BKNG","company_name":"Booking Holdings Inc.","filed_at":"2026-05-07T23:59:59+00:00","headline":"Booking Holdings issues $750M of 5.375% Senior Notes due 2036","event_type":"debt","sec_items":["1.01","2.03","8.01","9.01"],"materiality_score":0.6,"calibrated_materiality_score":0.6,"match_reasons":["same fact type: debt_financing","same SEC item: 2.03, 8.01, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-057239","json":"https://secwatch.observer/filing/0001104659-26-057239.json","markdown":"https://secwatch.observer/filing/0001104659-26-057239.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1075531/000110465926057239/0001104659-26-057239-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1075531/000110465926057239/tm2613920d1_8k.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 20, 2026, Launch One Acquisition Corp. (the “ Company ”), entered into a Working Capital Promissory Note (the “ Working Capital Note ”) with Launch One Sponsor, LLC (the “ Sponsor ”), the sponsor of the Company, pursuant to which the Sponsor may loan up to $1,000,000 to the Company in up to three tranches","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/2015502/000121390026034702/0001213900-26-034702-index.htm","comparable_excerpt":"in connection with the sale of $750,000,000 aggregate principal amount of the Company’s 5.375% Senior Notes due 2036","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1075531/000110465926057239/0001104659-26-057239-index.htm"}},{"accession":"0001104659-26-055658","ticker":"BRX","company_name":"Brixmor Property Group Inc.","filed_at":"2026-05-05T23:59:59+00:00","headline":"Brixmor Operating Partnership issues $400M 5.375% Senior Notes due 2036","event_type":"debt","sec_items":["1.01","2.03","8.01","9.01"],"materiality_score":0.5,"calibrated_materiality_score":0.5,"match_reasons":["same fact type: debt_financing","same SEC item: 2.03, 8.01, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-055658","json":"https://secwatch.observer/filing/0001104659-26-055658.json","markdown":"https://secwatch.observer/filing/0001104659-26-055658.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1581068/000110465926055658/0001104659-26-055658-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1581068/000110465926055658/tm2613477d1_8k.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 20, 2026, Launch One Acquisition Corp. (the “ Company ”), entered into a Working Capital Promissory Note (the “ Working Capital Note ”) with Launch One Sponsor, LLC (the “ Sponsor ”), the sponsor of the Company, pursuant to which the Sponsor may loan up to $1,000,000 to the Company in up to three tranches","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/2015502/000121390026034702/0001213900-26-034702-index.htm","comparable_excerpt":"On May 5, 2026, Brixmor Operating Partnership LP (the “Operating Partnership”), an indirect subsidiary of Brixmor Property Group Inc. (the “Company”), completed the previously announced offering (the “Offering”) of $400,000,000 aggregate principal amount of 5.375% Senior Notes due 2036 (the “Notes”).","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1581068/000110465926055658/0001104659-26-055658-index.htm"}},{"accession":"0001074828-26-000023","ticker":"USBC","company_name":"USBC, Inc.","filed_at":"2026-05-01T23:59:59+00:00","headline":"USBC draws $5M under MLA (total $10M); tokenized deposit Phase 1 testing ongoing","event_type":"debt","sec_items":["2.03","8.01","9.01"],"materiality_score":0.5,"calibrated_materiality_score":0.5,"match_reasons":["same fact type: debt_financing","same SEC item: 2.03, 8.01, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001074828-26-000023","json":"https://secwatch.observer/filing/0001074828-26-000023.json","markdown":"https://secwatch.observer/filing/0001074828-26-000023.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1074828/000107482826000023/0001074828-26-000023-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1074828/000107482826000023/usbc-20260427.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 20, 2026, Launch One Acquisition Corp. (the “ Company ”), entered into a Working Capital Promissory Note (the “ Working Capital Note ”) with Launch One Sponsor, LLC (the “ Sponsor ”), the sponsor of the Company, pursuant to which the Sponsor may loan up to $1,000,000 to the Company in up to three tranches","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/2015502/000121390026034702/0001213900-26-034702-index.htm","comparable_excerpt":"On April 27, 2026, USBC, Inc. (the “Company”) drew an additional fixed-rate borrowing of $5.0 million (the \"Second Draw\") under its previously disclosed Master Loan Agreement with Payward Interactive dated March 18, 2026 (the “MLA”), which provides for borrowings of up to $25.0 million in aggregate principal amount for up to a twelve-month term, subject to the execution of one or more individual loan term sheets.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1074828/000107482826000023/0001074828-26-000023-index.htm"}},{"accession":"0001999371-26-009633","ticker":"MKC","company_name":"MCCORMICK & CO INC","filed_at":"2026-05-01T23:59:59+00:00","headline":"McCormick secures $2B term loan for Unilever foods acquisition; 3-year maturity, floating rate","event_type":"debt","sec_items":["1.01","2.03","8.01","9.01"],"materiality_score":0.7,"calibrated_materiality_score":0.7,"match_reasons":["same fact type: debt_financing","same SEC item: 2.03, 8.01, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001999371-26-009633","json":"https://secwatch.observer/filing/0001999371-26-009633.json","markdown":"https://secwatch.observer/filing/0001999371-26-009633.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/63754/000199937126009633/0001999371-26-009633-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/63754/000199937126009633/apollo-8k_043026.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 20, 2026, Launch One Acquisition Corp. (the “ Company ”), entered into a Working Capital Promissory Note (the “ Working Capital Note ”) with Launch One Sponsor, LLC (the “ Sponsor ”), the sponsor of the Company, pursuant to which the Sponsor may loan up to $1,000,000 to the Company in up to three tranches","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/2015502/000121390026034702/0001213900-26-034702-index.htm","comparable_excerpt":"The Term Loan Agreement provides McCormick with the ability to borrow up to $2.0 billion (the “Term Loan Facility”) at the closing of the Merger","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/63754/000199937126009633/0001999371-26-009633-index.htm"}},{"accession":"0001437749-26-013877","ticker":"QUIK","company_name":"QUICKLOGIC Corp","filed_at":"2026-04-29T23:59:59+00:00","headline":"QuickLogic secures $10M revolving credit facility with Sunflower Bank, replaces prior agreement","event_type":"debt","sec_items":["1.01","2.03","8.01","9.01"],"materiality_score":0.6,"calibrated_materiality_score":0.6,"match_reasons":["same fact type: debt_financing","same SEC item: 2.03, 8.01, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-26-013877","json":"https://secwatch.observer/filing/0001437749-26-013877.json","markdown":"https://secwatch.observer/filing/0001437749-26-013877.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/882508/000143774926013877/0001437749-26-013877-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/882508/000143774926013877/quicklo20260427_8k.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 20, 2026, Launch One Acquisition Corp. (the “ Company ”), entered into a Working Capital Promissory Note (the “ Working Capital Note ”) with Launch One Sponsor, LLC (the “ Sponsor ”), the sponsor of the Company, pursuant to which the Sponsor may loan up to $1,000,000 to the Company in up to three tranches","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/2015502/000121390026034702/0001213900-26-034702-index.htm","comparable_excerpt":"On April 24, 2026, QuickLogic Corporation (the “Company”) entered into (i) a Loan and Security Agreement (the “Credit Agreement”), by and between the Company and Sunflower Bank, N.A. and (ii) a Promissory Note of the Company (the “Note”), providing for a $10.0 million secured revolving credit facility (“Revolving Credit Facility”).","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/882508/000143774926013877/0001437749-26-013877-index.htm"}},{"accession":"0002007855-26-000048","ticker":"VG","company_name":"Venture Global, Inc.","filed_at":"2026-06-01T21:44:01+00:00","headline":"Venture Global subsidiary prices $2.25B in senior secured notes to redeem 8.125% 2028 notes","event_type":"debt","sec_items":["2.04","8.01","9.01"],"materiality_score":0.7,"calibrated_materiality_score":0.7,"match_reasons":["same fact type: debt_financing","same SEC item: 8.01, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0002007855-26-000048","json":"https://secwatch.observer/filing/0002007855-26-000048.json","markdown":"https://secwatch.observer/filing/0002007855-26-000048.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/2007855/000200785526000048/0002007855-26-000048-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2007855/000200785526000048/vg-20260601.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 20, 2026, Launch One Acquisition Corp. (the “ Company ”), entered into a Working Capital Promissory Note (the “ Working Capital Note ”) with Launch One Sponsor, LLC (the “ Sponsor ”), the sponsor of the Company, pursuant to which the Sponsor may loan up to $1,000,000 to the Company in up to three tranches","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/2015502/000121390026034702/0001213900-26-034702-index.htm","comparable_excerpt":"On May 11, 2026, Venture Global LNG, Inc. (“VGLNG”), a wholly-owned subsidiary of Venture Global, Inc. (“Venture Global”, “we”, “us” or “our”) issued a conditional notice of redemption to redeem all of VGLNG’s outstanding 8.125% senior secured notes due 2028 (the “Existing Notes”) with the gross proceeds of the Notes Offering (as defined below), with cash on hand to be used to pay the redemption premium and related fees and expenses.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/2007855/000200785526000048/0002007855-26-000048-index.htm"}},{"accession":"0001140361-26-023577","ticker":"TCPC","company_name":"BlackRock TCP Capital Corp.","filed_at":"2026-06-01T20:50:02+00:00","headline":"BlackRock TCP Capital closes $535.8M CLO securitization, repays existing debt facilities","event_type":"debt","sec_items":["1.01","1.02","2.03","9.01"],"materiality_score":0.6,"calibrated_materiality_score":0.6,"match_reasons":["same fact type: debt_financing","same SEC item: 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-26-023577","json":"https://secwatch.observer/filing/0001140361-26-023577.json","markdown":"https://secwatch.observer/filing/0001140361-26-023577.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1370755/000114036126023577/0001140361-26-023577-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1370755/000114036126023577/ef20075169_8k.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 20, 2026, Launch One Acquisition Corp. (the “ Company ”), entered into a Working Capital Promissory Note (the “ Working Capital Note ”) with Launch One Sponsor, LLC (the “ Sponsor ”), the sponsor of the Company, pursuant to which the Sponsor may loan up to $1,000,000 to the Company in up to three tranches","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/2015502/000121390026034702/0001213900-26-034702-index.htm","comparable_excerpt":"Item 1.01. Entry into a Material Definitive Agreement. On May 27, 2026 (the \" Closing Date \"), BlackRock TCP Capital Corp. (the \" Company \"), through its subsidiary, completed a $535,780,000 securitization of certain loans held by a subsidiary of the Company (the \" CLO Transaction \"). On the Closing Date and in connection with the CLO Transaction, BlackRock DLF 2026-C","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1370755/000114036126023577/0001140361-26-023577-index.htm"}},{"accession":"0000785161-26-000161","ticker":"EHC","company_name":"Encompass Health Corp","filed_at":"2026-06-01T20:26:16+00:00","headline":"Encompass Health issues $500M 5.875% notes due 2034; to redeem $400M of 4.500% notes due 2028","event_type":"debt","sec_items":["1.01","2.03","9.01"],"materiality_score":0.5,"calibrated_materiality_score":0.5,"match_reasons":["same fact type: debt_financing","same SEC item: 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0000785161-26-000161","json":"https://secwatch.observer/filing/0000785161-26-000161.json","markdown":"https://secwatch.observer/filing/0000785161-26-000161.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/785161/000078516126000161/0000785161-26-000161-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/785161/000078516126000161/ehc-20260529.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 20, 2026, Launch One Acquisition Corp. (the “ Company ”), entered into a Working Capital Promissory Note (the “ Working Capital Note ”) with Launch One Sponsor, LLC (the “ Sponsor ”), the sponsor of the Company, pursuant to which the Sponsor may loan up to $1,000,000 to the Company in up to three tranches","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/2015502/000121390026034702/0001213900-26-034702-index.htm","comparable_excerpt":"On May 29, 2026, Encompass Health Corporation (the “Company”) completed the issuance and sale of $500 million in aggregate principal amount of its 5.875% Senior Notes due 2034 (the “Notes”), along with the related guarantees of the Notes by certain of the Company’s subsidiaries (the “Guarantees”), in a private offering.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/785161/000078516126000161/0000785161-26-000161-index.htm"}}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}