{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-023874","form_type":"8-K/A","ticker":"AIOT","cik":"0001774170","company_name":"Powerfleet, Inc.","filed_at":"2024-06-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.009082+00:00","generated_at":"2026-06-01T04:22:56.836606+00:00","sec_items":["9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Powerfleet reports pro forma net loss of $21.4M for combined year; acquisition of MiX Telematics at $362M","bullets":["Pro forma combined net loss of $21.4M for FY2023; diluted EPS ($0.20) on 107.7M shares.","Consideration $362M: 70.7M new shares at $5.12/share; allocated $160M intangible assets and $162.5M goodwill.","Raised $102.7M net new debt to redeem $90.3M Series A preferred stock; $10M redemption premium to accumulated deficit.","Expected annual synergies of ~$25M by end of fiscal 2026 from integration and cost savings.","Transaction costs: Powerfleet $13.5M, MiX Telematics $11.3M; integration plans under development."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-023874","json":"https://secwatch.observer/filing/0001493152-24-023874.json","markdown":"https://secwatch.observer/filing/0001493152-24-023874.md","text":"https://secwatch.observer/filing/0001493152-24-023874.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1774170/000149315224023874/0001493152-24-023874-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1774170/000149315224023874/form8-ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T04:22:56.836606+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"}