{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-037026","form_type":"8-K","ticker":"AIOT","cik":"0001774170","company_name":"Powerfleet, Inc.","filed_at":"2024-09-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:14.482484+00:00","generated_at":"2026-05-31T03:59:40.503615+00:00","sec_items":["1.01","3.02","7.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Powerfleet to acquire Fleet Complete for $200M; expects combined revenue >$400M","bullets":["Total purchase price $200M; $125M senior debt, $70M PIPE at $3.50/share, $15M stock to OTPP.","Combined pro forma revenue ~$405M ($300M+ recurring SaaS) and adjusted EBITDA $85M for FY ending Mar 31, 2025.","Transaction valued at 8x pre-synergy and 5x post-synergy EBITDA; expected to close Oct 1, 2024.","Fleet Complete adds 600k Unity subscribers; combined total 2.6M subscribers across 6 continents.","Expects ~$15M in revenue and cost synergies within two years of close."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-037026","json":"https://secwatch.observer/filing/0001493152-24-037026.json","markdown":"https://secwatch.observer/filing/0001493152-24-037026.md","text":"https://secwatch.observer/filing/0001493152-24-037026.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1774170/000149315224037026/0001493152-24-037026-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1774170/000149315224037026/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T03:59:40.503615+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"}