{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-26-036906","form_type":"8-K","ticker":"OPAL","cik":"0001842279","company_name":"OPAL Fuels Inc.","filed_at":"2026-05-20T20:18:47+00:00","discovered_at":"2026-05-20T20:20:00.303761+00:00","generated_at":"2026-05-20T21:02:19.933757+00:00","sec_items":["3.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"OPAL Fuels amends Series A-1 Preferred: dividend rate to 12%, PIK cap at 2%","bullets":["Annual dividend rate increased from 8% to 12%, compounding quarterly; PIK limited to 2% per annum, remainder cash.","Change of control definition revised; mandatory redemption triggers now include uncured Trigger Event or 5th anniversary of March 2026.","New Trigger Event framework with penalty rate of 0.50% per quarter (max 4% annual) if material breach or lender acceleration.","Removal of delayed redemption conversion rights; holders retain rights with new protective provisions and restrictions.","Expanded protective provisions require consent for debt above limit, senior/pari passu issuances, affiliate transactions, etc."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-036906","json":"https://secwatch.observer/filing/0001628280-26-036906.json","markdown":"https://secwatch.observer/filing/0001628280-26-036906.md","text":"https://secwatch.observer/filing/0001628280-26-036906.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1842279/000162828026036906/0001628280-26-036906-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1842279/000162828026036906/opal-20260518.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T21:02:19.933757+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"}