secwatch.observer — SEC 8-K summary
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Issuer:     GRAY MEDIA, INC (GTN)
CIK:        0000043196
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001437749-26-015616
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gray Media closes $171M station acquisition from Allen Media Group
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- Total purchase price of $171M plus working capital adjustments for 13 stations across multiple markets.
- First tranche of 3 stations (WTVA, WTHI, WLFI) closed March 27, 2026 for $56M.
- Second tranche of 10 stations (e.g., WAAY, WSIL, WEVV, WFFT, WCOV, WIYE, KADN, KLAF, WREX) closed May 1, 2026 for $115M.
- Both acquisitions funded from Gray Media's available cash on hand.
- SEC granted waiver under Rule 3-13; audited Statement of Assets Acquired to be filed within 71 days.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/43196/000143774926015616/0001437749-26-015616-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/43196/000143774926015616/gtn20260505c_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-015616

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