{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-020642","form_type":"8-K","ticker":null,"cik":"0001101396","company_name":"DELTA APPAREL, INC","filed_at":"2024-06-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.291389+00:00","generated_at":"2026-06-01T03:49:32.123049+00:00","sec_items":["2.05"],"event_type":"other_material","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Delta Apparel exits DTG2Go unit, cuts 115 jobs, closes six facilities amid liquidity crisis","bullets":["Board approved plan to exit DTG2Go; production ceased June 13, 2024.","Workforce reduced by ~115 employees; facilities to close in Storm Lake, IA; Cranbury, NJ; Fayetteville, NC; Phoenix, AZ; LaVergne, TN; Miami, FL.","Largest DTG2Go customer ended sourcing; company in default on ABL credit facility.","Expects restructuring charges beginning Q3 FY2024; costs not yet estimable.","Also exploring potential sale of Salt Life business; evaluating all strategic options."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-020642","json":"https://secwatch.observer/filing/0001437749-24-020642.json","markdown":"https://secwatch.observer/filing/0001437749-24-020642.md","text":"https://secwatch.observer/filing/0001437749-24-020642.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1101396/000143774924020642/0001437749-24-020642-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1101396/000143774924020642/dla20240618_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T03:49:32.123049+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":"8511472425a844fb2050368ef4706030108634af","claim":"DELTA APPAREL, INC announced a restructuring affecting DTG2Go business unit (approximately 115 employees).","evidence_excerpt":"On June 12, 2024, the board of directors (the “Board”) of Delta Apparel, Inc. (the “Company”) approved a plan (the “DTG2Go Exit Plan”) to exit the DTG2Go business unit (“DTG2Go”) of the Company’s Delta Group operating segment.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1101396/000143774924020642/0001437749-24-020642-index.htm","confidence":0.95,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Affected area","value":"DTG2Go business unit"},{"label":"Headcount","value":"approximately 115 employees"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}