{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-037630","form_type":"8-K","ticker":"SVCO","cik":"0001943289","company_name":"Silvaco Group, Inc.","filed_at":"2024-08-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:15.245610+00:00","generated_at":"2026-05-31T08:44:19.945728+00:00","sec_items":["8.01"],"event_type":"litigation","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Silvaco hit with $17M punitive damages in Nangate litigation; additional $16M against individuals","bullets":["Jury awarded $17M punitive damages against Silvaco; also $6M against chair Pesic, $10M against former board member Pesic.","Plaintiffs may elect either $11.3M contract damages or $6.6M fraud plus punitives; cannot collect both.","Hearing on declaratory relief set for Oct 4; final judgment expected Q4 2024 or Q1 2025.","Company plans post-trial motions and appeal; believes punitive damages excessive under California law.","Company does not expect material impact on core business operations despite potential financial hit."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-037630","json":"https://secwatch.observer/filing/0001628280-24-037630.json","markdown":"https://secwatch.observer/filing/0001628280-24-037630.md","text":"https://secwatch.observer/filing/0001628280-24-037630.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1943289/000162828024037630/0001628280-24-037630-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1943289/000162828024037630/svco-20240816.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T08:44:19.945728+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"}