{"schema_version":"secwatch.filing_event.v1","accession":"0001826000-24-000033","form_type":"8-K","ticker":"LTCH","cik":"0001826000","company_name":"Latch, Inc.","filed_at":"2024-07-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:14.733318+00:00","generated_at":"2026-05-31T20:49:10.084307+00:00","sec_items":["1.01","2.03","3.02","7.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Latch refinances $6M term loan with Customers Bank, issues warrant for 1M shares at $1.25","bullets":["Amended & restated loan agreement: $6M term loan, interest rate greater of prime or 6.0%, due July 15, 2029.","Interest-only payments until Jan 15, 2025, then equal monthly principal plus interest; no prepayment penalty.","Issued warrant to Customers Bank to purchase 1M shares at $1.25 per share, exercisable immediately, expires July 2030.","As of June 30, 2024, unaudited cash & equivalents and securities ~$110M; company cautions due to ongoing restatement.","Covenant requires Liquidity Ratio ≥ 4.0x, tested monthly; other covenants limit dividends, debt, asset sales."],"urls":{"canonical":"https://secwatch.observer/filing/0001826000-24-000033","json":"https://secwatch.observer/filing/0001826000-24-000033.json","markdown":"https://secwatch.observer/filing/0001826000-24-000033.md","text":"https://secwatch.observer/filing/0001826000-24-000033.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1826000/000182600024000033/0001826000-24-000033-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1826000/000182600024000033/lat-20240715.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T20:49:10.084307+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"}