{"schema_version":"secwatch.filing_event.v1","accession":"0001505155-22-000071","form_type":"8-K","ticker":"UPLD","cik":"0001505155","company_name":"Upland Software, Inc.","filed_at":"2022-08-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:55.961079+00:00","generated_at":"2026-06-23T21:58:31.184970+00:00","sec_items":["1.01","3.02","3.03","5.02","5.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Upland closes $115M Series A convertible preferred issuance to HGGC affiliate; appoints David Chung to board","bullets":["Issued 115,000 shares of Series A Convertible Preferred at $1,000/share to HGGC affiliate for aggregate $115M.","Proceeds for general corporate purposes and transaction fees.","Preferred stock carries 4.5% annual dividend (7% after 7 yrs), convertible at $17.50 per share.","Board expanded to six; David Chung (HGGC Partner) appointed as Class II director.","Registration rights agreement requires shelf registration within 60 days."],"urls":{"canonical":"https://secwatch.observer/filing/0001505155-22-000071","json":"https://secwatch.observer/filing/0001505155-22-000071.json","markdown":"https://secwatch.observer/filing/0001505155-22-000071.md","text":"https://secwatch.observer/filing/0001505155-22-000071.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1505155/000150515522000071/0001505155-22-000071-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1505155/000150515522000071/upld-20220823.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T21:58:31.184970+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":"33c532874d","claim":"David Chung was appointed as director at Upland Software, Inc..","evidence_excerpt":"the Purchaser nominated David Chung to serve on the Board, and Mr. Chung was appointed to the Board on August 23, 2022 effective upon the Closing.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1505155/000150515522000071/0001505155-22-000071-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}