{"schema_version":"secwatch.filing_event.v1","accession":"0001609253-25-000076","form_type":"8-K","ticker":"CRC","cik":"0001609253","company_name":"California Resources Corp","filed_at":"2025-09-17T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.478696+00:00","generated_at":"2026-05-17T06:22:13.367519+00:00","sec_items":["1.01","9.01","5.07"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"CRC to acquire Berry Corp (bry); Berry shareholders get 0.0718 CRC shares per share","bullets":["CRC to merge with Berry; each Berry share converts to 0.0718 shares of CRC common stock.","Berry must pay $12.04M termination fee if it accepts a superior proposal or changes recommendation.","Deal requires Berry stockholder approval, HSR clearance, FERC approval, and registration statement effectiveness.","Outside date for closing is March 14, 2026; no financing condition.","Berry equity awards (RSUs/PSUs) to be converted into CRC RSUs or cashed out at closing."],"urls":{"canonical":"https://secwatch.observer/filing/0001609253-25-000076","json":"https://secwatch.observer/filing/0001609253-25-000076.json","markdown":"https://secwatch.observer/filing/0001609253-25-000076.md","text":"https://secwatch.observer/filing/0001609253-25-000076.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1609253/000160925325000076/0001609253-25-000076-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1609253/000160925325000076/crc-20250914.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T06:22:13.367519+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"}