secwatch.observer — SEC 8-K summary
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Issuer:     Toast, Inc. (TOST)
CIK:        0001650164
Form:       8-K
Filed at:   2024-07-05T23:59:59+00:00
Accession:  0001650164-24-000245
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Toast repurchases warrant for 5.2M shares for $60M, warrant canceled
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- Repurchased warrant to buy 5.2M shares of Class B common at $17.5034/share, expiring June 19, 2027.
- Aggregate purchase price of $60 million; warrant canceled immediately.
- No details provided on funding source or expected financial impact.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1650164/000165016424000245/0001650164-24-000245-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1650164/000165016424000245/tost-20240703.htm
  HTML page:      https://secwatch.observer/filing/0001650164-24-000245

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer