{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-002415","form_type":"8-K","ticker":null,"cik":"0001353538","company_name":"Appgate, Inc.","filed_at":"2023-02-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.586225+00:00","generated_at":"2026-06-19T23:55:55.537958+00:00","sec_items":["2.05"],"event_type":"other_material","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Appgate reduces workforce by 8% (34 positions) to align with market conditions","bullets":["Reduction in force of 34 employees/contractors, approximately 8% of total workforce.","Layoffs commenced Feb 1, 2023; substantially completed by Feb 2, 2023.","Estimated $500K in severance and termination costs to be recognized in Q1 2023.","Actions taken to support long-term success amid market conditions."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-002415","json":"https://secwatch.observer/filing/0001628280-23-002415.json","markdown":"https://secwatch.observer/filing/0001628280-23-002415.md","text":"https://secwatch.observer/filing/0001628280-23-002415.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1353538/000162828023002415/0001628280-23-002415-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1353538/000162828023002415/apgt-20230201.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T23:55:55.537958+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":"b058f4b37aec32b5db61e6260b28bbee977c6d53","claim":"Appgate, Inc. announced a restructuring with charges of approximately $500 thousand of costs and expenses (approximately an aggregate of 34 employees and contractors (approximately 8% of our workforce)).","evidence_excerpt":"employees and contractors by February 2, 2023. The Reduction has now been substantially completed. In connection with the Reduction, we estimate that we will incur approximately $500 thousand of costs and expenses, primarily comprising severance and termination-related costs, which we expect to recognize in the first quarter of 2023. Forward-Looking Statements This","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1353538/000162828023002415/0001628280-23-002415-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $500 thousand of costs and expenses"},{"label":"Headcount","value":"approximately an aggregate of 34 employees and contractors (approximately 8% of our workforce)"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}