{"schema_version":"secwatch.filing_event.v1","accession":"0001764046-26-000122","form_type":"8-K/A","ticker":"CLVT","cik":"0001764046","company_name":"CLARIVATE PLC","filed_at":"2026-10-13T20:25:55+00:00","discovered_at":"2026-10-13T20:27:00.260941+00:00","generated_at":"2026-10-13T20:27:05.035401+00:00","sec_items":["2.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Clarivate completes $600M LS&H sale to Altaris; pro forma FY25 revenue falls to $2.07B","bullets":["$600M aggregate price: ~$488.4M cash at close net of costs and working capital adjustment, $75M unsecured senior note, $25M deferred cash due by Jan 31, 2028.","Pro forma H1 2026 revenue $990.8M vs $1,172.8M historical; pro forma operating income $41.4M vs $(170.0)M loss; diluted EPS $(0.12) vs $(0.48).","Pro forma FY2025 revenue $2,065.4M (LS&H removed $389.8M); FY2024 $2,137.8M; FY2023 $2,186.0M. LS&H booked as discontinued operations in Q3 2026.","Proceeds plus $11.6M company cash fund partial redemptions of Senior Secured Notes due 2028 and Senior Notes due 2029; Sept 2026 tender for $75M of 2028 notes.","Pro forma long-term debt falls to $3.63B from $4.21B; TSA with Altaris covers IT/finance support for 1-12 months; ~$20M transaction costs; sale gain not material."],"urls":{"canonical":"https://secwatch.observer/filing/0001764046-26-000122","json":"https://secwatch.observer/filing/0001764046-26-000122.json","markdown":"https://secwatch.observer/filing/0001764046-26-000122.md","text":"https://secwatch.observer/filing/0001764046-26-000122.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1764046/000176404626000122/0001764046-26-000122-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1764046/000176404626000122/clvt-20261006.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-13T20:27:05.035401+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"}