{"schema_version":"secwatch.filing_event.v1","accession":"0001826000-23-000106","form_type":"8-K","ticker":"LTCH","cik":"0001826000","company_name":"Latch, Inc.","filed_at":"2023-11-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.782873+00:00","generated_at":"2026-06-07T21:37:46.673510+00:00","sec_items":["5.02","8.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Latch restatement not to be completed in 2023; Siminoff gets $1.55M, Lillis $475K in additional cash","bullets":["Restatement of 2019-2021 and Q1 2022 financials will not be completed during 2023; no estimated timeframe.","Jamie Siminoff (CSO) receives additional annual cash of $1.55M (total $1.75M); no equity or bonus while adjustment in effect.","David Lillis (SVP Finance) receives additional annual cash of $475K (total $825K); no equity or bonus while adjustment in effect.","Siminoff and Lillis expected to become CEO and CFO after restatement completion.","Nasdaq delisting effective April 15, 2024 triggers event of default on $22M promissory notes."],"urls":{"canonical":"https://secwatch.observer/filing/0001826000-23-000106","json":"https://secwatch.observer/filing/0001826000-23-000106.json","markdown":"https://secwatch.observer/filing/0001826000-23-000106.md","text":"https://secwatch.observer/filing/0001826000-23-000106.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1826000/000182600023000106/0001826000-23-000106-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1826000/000182600023000106/lat-20231124.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T21:37:46.673510+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"}