{"schema_version":"secwatch.filing_event.v1","accession":"0001826000-24-000015","form_type":"8-K","ticker":"LTCH","cik":"0001826000","company_name":"Latch, Inc.","filed_at":"2024-04-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.439808+00:00","generated_at":"2026-06-03T06:39:59.171630+00:00","sec_items":["1.02","7.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"confidence":"high","headline":"Latch prepays $23.9M promissory notes after delisting default; cash post-repayment $124.4M","bullets":["Repaid $23.9M aggregate principal and accrued interest on $22M Promissory Notes (10% PIK) issued in HDW acquisition.","Prepayment on April 26, 2024 without penalty, after failing to agree on amendments to extend default date of May 3, 2024.","Company had received $8M cash from the HDW acquisition; note repayment reduces cash position but avoids default.","As of March 31, 2024, unaudited cash & securities totaled $148.3M; pro forma after repayment would be $124.4M.","Financial statements are under restatement; these figures are incomplete and subject to revision."],"urls":{"canonical":"https://secwatch.observer/filing/0001826000-24-000015","json":"https://secwatch.observer/filing/0001826000-24-000015.json","markdown":"https://secwatch.observer/filing/0001826000-24-000015.md","text":"https://secwatch.observer/filing/0001826000-24-000015.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1826000/000182600024000015/0001826000-24-000015-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1826000/000182600024000015/lat-20240426.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T06:39:59.171630+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"}