{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-020480","form_type":"8-K","ticker":null,"cik":"0001101396","company_name":"DELTA APPAREL, INC","filed_at":"2024-06-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.291098+00:00","generated_at":"2026-06-01T04:02:44.006704+00:00","sec_items":["2.05"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Delta Apparel suspends Honduras manufacturing ops; ~2,413 employees affected due to liquidity challenges","bullets":["Suspended Honduras manufacturing on June 6, 2024; suspension expected for at least 120 days while exploring sale or permanent wind-down of offshore operations.","Approximately 2,413 employees impacted; company had previously wound down Mexico operations and is seeking sale of El Salvador plant.","Deteriorating liquidity prevents purchase of raw materials and payment of offshore employee compensation; credit facility covenant non-compliance remains uncured.","Restructuring charges (employee benefits, facility closure costs) expected beginning Q3 FY2024, but amounts are currently unestimable.","Also exploring potential sale of Salt Life business and all strategic alternatives with legal and financial advisors."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-020480","json":"https://secwatch.observer/filing/0001437749-24-020480.json","markdown":"https://secwatch.observer/filing/0001437749-24-020480.md","text":"https://secwatch.observer/filing/0001437749-24-020480.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1101396/000143774924020480/0001437749-24-020480-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1101396/000143774924020480/dla20240612_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T04:02:44.006704+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":"636f3dc3bf01b62eee092f8885755a41d69d76fb","claim":"DELTA APPAREL, INC announced a restructuring affecting Honduras manufacturing operations (approximately 2,413 employees).","evidence_excerpt":"On June 6, 2024, Delta Apparel, Inc. (the “Company”) committed to a plan to formally suspend its manufacturing operations in Honduras due to ongoing liquidity challenges.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1101396/000143774924020480/0001437749-24-020480-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Affected area","value":"Honduras manufacturing operations"},{"label":"Headcount","value":"approximately 2,413 employees"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}