{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-087259","form_type":"8-K","ticker":"PAL","cik":"0001998768","company_name":"Proficient Auto Logistics, Inc","filed_at":"2026-08-10T20:17:02+00:00","discovered_at":"2026-08-10T20:18:18.516286+00:00","generated_at":"2026-08-10T20:18:36.935085+00:00","sec_items":["1.01","2.02","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Proficient Auto Logistics to acquire Hansen & Adkins for $130M; Q2 revenue down 5.3%","bullets":["Acquires H&A for $130M upfront ($75M assumed debt, $52M cash, $3M stock) plus up to $22.1M earnout; close expected mid-Aug 2026.","Deal more than doubles owned fleet, adds 900+ personnel, expands into Canada under MCL McGill; combined >4M vehicles/yr.","Q2 2026 revenue $109.4M (-5.3% YoY); operating loss ($3.2M) vs income $0.1M; adjusted op income $0.5M vs $3.8M.","Units delivered 580,962, down 8.0% YoY; adjusted operating ratio 99.5% vs 96.7%.","Plans $75M convertible senior notes due 2033, settle Aug 13, 2026, to refinance debt and fund capped calls."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-087259","json":"https://secwatch.observer/filing/0001213900-26-087259.json","markdown":"https://secwatch.observer/filing/0001213900-26-087259.md","text":"https://secwatch.observer/filing/0001213900-26-087259.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1998768/000121390026087259/0001213900-26-087259-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1998768/000121390026087259/ea0301315-8k_proficient.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-10T20:18:36.935085+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"}