{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-005767","form_type":"8-K","ticker":null,"cik":"0001101396","company_name":"DELTA APPAREL, INC","filed_at":"2024-02-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.369405+00:00","generated_at":"2026-06-05T08:00:19.221537+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Delta Apparel enters sale-leaseback of Fayetteville campus for $23.5M, expects $22M net proceeds","bullets":["Sale price $23.5M; expected net proceeds ~$22M after taxes and transaction costs.","Long-term triple-net leaseback with initial term of 10.5 years at $4.25/sqft with 1.5% annual increases.","Proceeds to repay asset-based revolving credit facility borrowings and generate additional liquidity.","Closing targeted around May 1, 2024, subject to buyer's inspection, due diligence, and other conditions.","Campus contains ~550k sq ft on ~35 acres used for manufacturing, decoration, distribution, and other activities."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-005767","json":"https://secwatch.observer/filing/0001437749-24-005767.json","markdown":"https://secwatch.observer/filing/0001437749-24-005767.md","text":"https://secwatch.observer/filing/0001437749-24-005767.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1101396/000143774924005767/0001437749-24-005767-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1101396/000143774924005767/dla20240227_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T08:00:19.221537+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":"d871e09331e6433b69ca09c20a563a1862d2df85","claim":"DELTA APPAREL, INC entered into a asset purchase valued at $23.5 million (effective 2024-02-26).","evidence_excerpt":"On February 26, 2024, Delta Apparel, Inc. (the “Company”) entered into an agreement providing for the sale and long-term leaseback of its approximately 35-acre campus in Fayetteville, North Carolina containing approximately 550,000 square feet of industrial space utilized across the Company’s various business units for manufacturing, decoration, distribution and other activities.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1101396/000143774924005767/0001437749-24-005767-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Value","value":"$23.5 million"},{"label":"Effective","value":"2024-02-26"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}