{"schema_version":"secwatch.filing_event.v1","accession":"0001794783-25-000014","form_type":"8-K","ticker":"SLQT","cik":"0001794783","company_name":"SelectQuote, Inc.","filed_at":"2025-02-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.897377+00:00","generated_at":"2026-05-25T23:51:46.520911+00:00","sec_items":["1.01","3.02","5.03","3.03","5.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"SelectQuote closes $350M preferred stock and warrant investment from Morgan Stanley and Bain Capital","bullets":["Morgan Stanley and Bain each invested $175M for 175,000 preferred shares and warrants in three tranches on Feb 28, 2025.","Preferred stock carries 14.5% dividend (adjustable down to 13.5% or up to 20% on default); non-convertible, senior to common.","Warrants exercisable for 10 years: Tranche A at $0.01, Tranche B at VWAP (floor $2.15/cap $4.00), Tranche C at $5.50 per share.","Board expanded to nine members; Srdjan Vukovic (Newlight) and Christopher Wolfe (Bain Capital) appointed as Class II and I directors."],"urls":{"canonical":"https://secwatch.observer/filing/0001794783-25-000014","json":"https://secwatch.observer/filing/0001794783-25-000014.json","markdown":"https://secwatch.observer/filing/0001794783-25-000014.md","text":"https://secwatch.observer/filing/0001794783-25-000014.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1794783/000179478325000014/0001794783-25-000014-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1794783/000179478325000014/slqt-20250228.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T23:51:46.520911+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":[{"claim_id":"3dc486c205","claim":"Srdjan Vukovic was appointed as Class II Director at SelectQuote, Inc..","evidence_excerpt":"Srdjan Vukovic was appointed as a Class II Director","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1794783/000179478325000014/0001794783-25-000014-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Class II Director"}]},{"claim_id":"9360ac6ec0","claim":"Christopher Wolfe was appointed as Class I Director at SelectQuote, Inc..","evidence_excerpt":"Christopher Wolfe was appointed as a Class I Director","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1794783/000179478325000014/0001794783-25-000014-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Class I Director"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}