{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-031111","form_type":"8-K","ticker":"CREX","cik":"0001356093","company_name":"CREATIVE REALITIES, INC.","filed_at":"2025-10-16T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.217805+00:00","generated_at":"2026-05-17T03:31:08.927259+00:00","sec_items":["1.01","5.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.85,"confidence":"high","headline":"Creative Realities buys CDM for CAD 70M; Q3 prelim revenue $10.5M, CFO out","bullets":["Acquires Cineplex Digital Media for CAD 70M in cash; expects to close in October 2025.","Financing: $36M senior term loan (First Merchants) + $30M convertible preferred ($3/share, North Run).","Preliminary Q3 revenue ~$10.5M (below expectations), Adj EBITDA $500K-1M; impairment charge due to Stellantis wind-down.","Expects annualized cost synergies of at least $10M by end of 2026; pro-forma 2026 revenue >$100M, high-teen Adj EBITDA margins.","CFO David Ryan Mudd resigned Oct 10; Chairman/CEO Richard Mills appointed interim CFO."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-031111","json":"https://secwatch.observer/filing/0001437749-25-031111.json","markdown":"https://secwatch.observer/filing/0001437749-25-031111.md","text":"https://secwatch.observer/filing/0001437749-25-031111.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1356093/000143774925031111/0001437749-25-031111-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1356093/000143774925031111/crex20251016_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T03:31:08.927259+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"}