{"schema_version":"secwatch.filing_event.v1","accession":"0001258602-25-000023","form_type":"8-K","ticker":"NNI","cik":"0001258602","company_name":"NELNET INC","filed_at":"2025-04-21T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.764989+00:00","generated_at":"2026-05-23T10:02:59.377926+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Nelnet to receive ~$410M in ALLO redemption, pre-tax gain of ~$175M; ownership drops to 26%","bullets":["Nelnet expects aggregate cash proceeds of approximately $410 million from ALLO membership unit redemption.","Pre-tax gain of approximately $175 million recognized upon closing of the transaction.","Nelnet's ownership in ALLO decreases from 45% to approximately 26% post-closing.","Transaction expected to close in late May 2025, subject to customary closing conditions.","Nelnet will no longer own preferred interests but retains significant voting equity stake."],"urls":{"canonical":"https://secwatch.observer/filing/0001258602-25-000023","json":"https://secwatch.observer/filing/0001258602-25-000023.json","markdown":"https://secwatch.observer/filing/0001258602-25-000023.md","text":"https://secwatch.observer/filing/0001258602-25-000023.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1258602/000125860225000023/0001258602-25-000023-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1258602/000125860225000023/nni-20250418.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T10:02:59.377926+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"}