{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-048884","form_type":"8-K","ticker":"MRLN","cik":"0002028707","company_name":"Merlin, Inc.","filed_at":"2026-04-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.410146+00:00","generated_at":"2026-05-15T02:24:52.129016+00:00","sec_items":["1.01","3.02","7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.85,"confidence":"high","headline":"Merlin raises $80M in PIPE from existing institutional investor; pro forma cash $183M","bullets":["Issued 8M shares at $10 each and warrants for 4M shares at $6.67 strike, 5-year expiry.","Existing cash $107M; pro forma cash $183M to accelerate platform development and regulatory approvals.","Closing expected on or about May 1, 2026; Cantor Fitzgerald & Co. led placement.","Anti-dilution adjustments triggered to conversion price of 12% Series A Preferred and certain warrants.","Company agreed to file registration statement for resale of the issued shares and warrant shares."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-048884","json":"https://secwatch.observer/filing/0001213900-26-048884.json","markdown":"https://secwatch.observer/filing/0001213900-26-048884.md","text":"https://secwatch.observer/filing/0001213900-26-048884.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2028707/000121390026048884/0001213900-26-048884-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2028707/000121390026048884/ea0288180-8k_merlin.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T02:24:52.129016+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"}