{"schema_version":"secwatch.filing_event.v1","accession":"0001829126-25-007057","form_type":"8-K","ticker":"PMI","cik":"0002030617","company_name":"Picard Medical, Inc.","filed_at":"2025-09-04T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.865482+00:00","generated_at":"2026-05-17T08:22:40.869911+00:00","sec_items":["1.01","5.02","5.03","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Picard Medical prices $17M IPO at $4/share; commences trading on NYSE American under PMI","bullets":["4,250,000 shares sold at $4.00 for $17M gross proceeds; over-allotment option for 637,500 additional shares.","Proceeds to support China JV, R&D on fully implantable Emperor heart, and debt repayment.","Shares commenced trading on NYSE American on Aug 29, 2025 under ticker 'PMI'.","Underwriting Agreement with WestPark Capital as lead manager; firm commitment basis."],"urls":{"canonical":"https://secwatch.observer/filing/0001829126-25-007057","json":"https://secwatch.observer/filing/0001829126-25-007057.json","markdown":"https://secwatch.observer/filing/0001829126-25-007057.md","text":"https://secwatch.observer/filing/0001829126-25-007057.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2030617/000182912625007057/0001829126-25-007057-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2030617/000182912625007057/picardmedical_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T08:22:40.869911+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":[{"claim_id":"2dcfcef3ed99d0695c262e7450e30df640691441","claim":"Picard Medical, Inc.: Amended and Restated Bylaws were adopted and became effective (effective 2025-08-28).","evidence_excerpt":"On August 28, 2025, the Company’s Amended and Restated Bylaws (the “ A&R Bylaws ”), in substantially the form previously filed as Exhibit 3.6 to the Registration Statement, were adopted by the Company and became effective.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/2030617/000182912625007057/0001829126-25-007057-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"bylaw amendment"},{"label":"Effective","value":"2025-08-28"}],"fact_type":"governance_change"},{"claim_id":"dfb57d5804f2654a1d4b55261feab979903242f0","claim":"Picard Medical, Inc.: Second Amended and Restated Certificate of Incorporation became effective (effective 2025-08-28).","evidence_excerpt":"On August 28, 2025, the Company’s Second Amended and Restated Certificate of Incorporation (the “ Second A&R Charter ”), in substantially the form previously filed as Exhibit 3.5 to the Registration Statement was filed with the Secretary of State of the State of Delaware and became effective.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/2030617/000182912625007057/0001829126-25-007057-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2025-08-28"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}