{"schema_version":"secwatch.filing_event.v1","accession":"0001726173-22-000029","form_type":"8-K","ticker":"BH-A","cik":"0001726173","company_name":"Biglari Holdings Inc.","filed_at":"2022-09-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:56.826527+00:00","generated_at":"2026-06-23T07:29:57.315969+00:00","sec_items":["2.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Biglari Holdings acquires $80M preferred shares of Abraxas, gains ~85% voting control","bullets":["Purchased 685,505 Series A Preferred Shares of Abraxas Petroleum for $80 million.","Ownership results in ~85% beneficial voting control of Abraxas.","Funded from working capital and cash on hand.","Transaction closed on September 14, 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0001726173-22-000029","json":"https://secwatch.observer/filing/0001726173-22-000029.json","markdown":"https://secwatch.observer/filing/0001726173-22-000029.md","text":"https://secwatch.observer/filing/0001726173-22-000029.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1726173/000172617322000029/0001726173-22-000029-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1726173/000172617322000029/bh-20220914.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T07:29:57.315969+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"}