{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-029891","form_type":"8-K","ticker":"BELFA","cik":"0000729580","company_name":"BEL FUSE INC /NJ","filed_at":"2024-09-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:15.733582+00:00","generated_at":"2026-05-31T02:19:03.824896+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Bel Fuse agrees to buy 80% of Enercon Technologies for $320M plus earnout","bullets":["Purchase price $320M at closing plus up to $10M earnout based on Enercon's EBITDA targets for fiscal 2025 and 2026.","Remaining 20% stake subject to put-call mechanism; initial call option ~$80M plus 6% interest; deferred option based on 10.65x 2026 EBITDA.","Financing through cash on hand and $150M increase of existing credit facility to $325M from KeyBank, BofA, BMO, PNC.","Closing expected by end of 2024, subject to regulatory approvals and customary conditions.","Enercon supplies power conversion and networking solutions to aerospace & defense markets globally."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-029891","json":"https://secwatch.observer/filing/0001437749-24-029891.json","markdown":"https://secwatch.observer/filing/0001437749-24-029891.md","text":"https://secwatch.observer/filing/0001437749-24-029891.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/729580/000143774924029891/0001437749-24-029891-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/729580/000143774924029891/belfb20240920_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T02:19:03.824896+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"}