{"schema_version":"secwatch.filing_event.v1","accession":"0001805833-24-000004","form_type":"8-K","ticker":"SST","cik":"0001805833","company_name":"System1, Inc.","filed_at":"2024-01-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.603336+00:00","generated_at":"2026-06-07T04:46:55.882956+00:00","sec_items":["7.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"System1 commences modified Dutch auction tender offer for up to $79.4M of term loans at 63%-70% discount","bullets":["Tender offer to purchase up to $79.4M of outstanding term loans under Credit Agreement with Bank of America.","Purchase price range: 63% to 70% of par (30%–37% discount to face value).","Offer expires January 9, 2024 at 5:00 PM New York time; no minimum tender condition.","Tender offer not subject to financing condition; conducted per Credit Agreement terms."],"urls":{"canonical":"https://secwatch.observer/filing/0001805833-24-000004","json":"https://secwatch.observer/filing/0001805833-24-000004.json","markdown":"https://secwatch.observer/filing/0001805833-24-000004.md","text":"https://secwatch.observer/filing/0001805833-24-000004.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1805833/000180583324000004/0001805833-24-000004-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1805833/000180583324000004/sst-20240103.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T04:46:55.882956+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"}