{"schema_version":"secwatch.filing_event.v1","accession":"0001467623-25-000123","form_type":"8-K","ticker":"DBX","cik":"0001467623","company_name":"DROPBOX, INC.","filed_at":"2025-09-09T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.044662+00:00","generated_at":"2026-05-17T07:17:09.533918+00:00","sec_items":["1.01","2.03","7.01","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Dropbox adds $700M delayed draw term loans for 2026 notes; authorizes $1.5B buyback","bullets":["Amended credit agreement provides up to $700M in additional delayed draw term loans; total facility now $2.7B.","Proceeds may only be used to repay convertible senior notes due 2026.","New share repurchase authorization for up to $1.5B of Class A common stock.","Loans bear interest at SOFR+3.75% or base rate+2.75%; maturity September 9, 2030.","Blackstone Credit & Insurance served as lead arranger and lead structuring agent."],"urls":{"canonical":"https://secwatch.observer/filing/0001467623-25-000123","json":"https://secwatch.observer/filing/0001467623-25-000123.json","markdown":"https://secwatch.observer/filing/0001467623-25-000123.md","text":"https://secwatch.observer/filing/0001467623-25-000123.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1467623/000146762325000123/0001467623-25-000123-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1467623/000146762325000123/dbx-20250909.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T07:17:09.533918+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":[{"claim_id":"4e7304bfbe2d08c3912c97d71f9935d771073969","claim":"DROPBOX, INC. amended credit facility of up to $700.0 million at at either (a) an alternate base rate...plus a margin of 2.75%, or (b) a term SOF maturing September 9, 2030.","evidence_excerpt":"by the First Amendment, the “Amended Credit Agreement”) to provide for, among other things, additional secured delayed draw term loans in an aggregate principal amount up to $700.0 million (the “2025 Delayed Draw Term Loans”). The Amended Credit Agreement provides for a secured term loan facility in an aggregate principal amount of up to $2.7 billion, consisting of","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1467623/000146762325000123/0001467623-25-000123-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"up to $700.0 million"},{"label":"Rate","value":"at either (a) an alternate base rate...plus a margin of 2.75%, or (b) a term SOF"},{"label":"Maturity","value":"September 9, 2030"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}