{"schema_version":"secwatch.filing_event.v1","accession":"0001454938-25-000014","form_type":"8-K","ticker":"TEAD","cik":"0001454938","company_name":"Teads Holding Co.","filed_at":"2025-02-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.661521+00:00","generated_at":"2026-05-26T01:31:13.356201+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Outbrain Q4 Ex-TAC gross profit up 7% YoY; closed $900M Teads acquisition in Feb 2025","bullets":["Q4 revenue $234.6M (-5% YoY); Ex-TAC gross profit $68.3M (+7%); Adjusted EBITDA $17.0M (+21% YoY).","Completed Teads acquisition Feb 3, 2025 for ~$900M ($625M cash + 43.75M shares); combined company rebranded as Teads.","Issued $637.5M 10.0% senior secured notes due 2030 to refinance bridge facility; also entered $100M revolving credit facility.","Expects ~$65M–$75M annual cost synergies in 2026, ~$45M in compensation savings; ~70% of comp synergies actioned in Feb.","Full year 2024 net loss $0.7M (incl. $4.8M one-time expenses) vs net income $10.2M in 2023; free cash flow $51.3M vs -$6.5M."],"urls":{"canonical":"https://secwatch.observer/filing/0001454938-25-000014","json":"https://secwatch.observer/filing/0001454938-25-000014.json","markdown":"https://secwatch.observer/filing/0001454938-25-000014.md","text":"https://secwatch.observer/filing/0001454938-25-000014.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1454938/000145493825000014/0001454938-25-000014-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1454938/000145493825000014/outbrain-20250227.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T01:31:13.356201+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"}