{"schema_version":"secwatch.filing_event.v1","accession":"0001803914-25-000127","form_type":"8-K","ticker":"PLBY","cik":"0001803914","company_name":"Playboy, Inc.","filed_at":"2025-08-25T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.045967+00:00","generated_at":"2026-05-17T10:16:42.449414+00:00","sec_items":["3.02","7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Playboy converts all remaining Series B preferred shares to common, eliminating preferred stock outstanding","bullets":["Converted remaining 21,000.00001 Series B shares into 12,439,730 common shares at $1.74448 per share.","Conversion price is >6% premium to Aug 21, 2025 close and >16% premium to Q4 2024 private placement.","Post-conversion: no preferred stock outstanding; 107,548,055 common shares outstanding.","Net debt ~$128M, reduction of ~$70M over past 12 months.","Undiscounted interest savings of $6.992M through remaining term of Series B (scheduled through end of 2027)."],"urls":{"canonical":"https://secwatch.observer/filing/0001803914-25-000127","json":"https://secwatch.observer/filing/0001803914-25-000127.json","markdown":"https://secwatch.observer/filing/0001803914-25-000127.md","text":"https://secwatch.observer/filing/0001803914-25-000127.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1803914/000180391425000127/0001803914-25-000127-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1803914/000180391425000127/ply-20250822.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T10:16:42.449414+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"}