{"schema_version":"secwatch.filing_event.v1","accession":"0001454938-24-000211","form_type":"8-K","ticker":"TEAD","cik":"0001454938","company_name":"Teads Holding Co.","filed_at":"2024-11-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.483669+00:00","generated_at":"2026-05-29T17:46:22.724694+00:00","sec_items":["8.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Outbrain supplements proxy disclosures for Teads acquisition amid stockholder lawsuits","bullets":["Received demand letters and two NY Supreme Court complaints alleging incomplete proxy disclosures for Teads deal.","Outbrain denies allegations but voluntarily adds details about M&A committee, Goldman Sachs fees, and forecasts.","Goldman Sachs gets $10M transaction fee (up to $5M credit from financing fees); total financing-related fees ~$14.5M.","Goldman Sachs DCF analysis for Teads: terminal unlevered FCF of $126M (no synergies) or $210M (with synergies).","Combined company present value range: $2.87-$10.56 per share; Outbrain standalone range: $3.16-$4.88 per share."],"urls":{"canonical":"https://secwatch.observer/filing/0001454938-24-000211","json":"https://secwatch.observer/filing/0001454938-24-000211.json","markdown":"https://secwatch.observer/filing/0001454938-24-000211.md","text":"https://secwatch.observer/filing/0001454938-24-000211.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1454938/000145493824000211/0001454938-24-000211-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1454938/000145493824000211/outbrain-20241126.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T17:46:22.724694+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"}