{"schema_version":"secwatch.filing_event.v1","accession":"0001831481-25-000092","form_type":"8-K","ticker":"SOC","cik":"0001831481","company_name":"Sable Offshore Corp.","filed_at":"2025-11-03T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.684944+00:00","generated_at":"2026-05-17T00:56:39.770111+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Sable Offshore amends Exxon term loan to 15% PIK, requires $225M equity raise; targets Q4 2026 oil sales","bullets":["Amendment extends maturity to March 2027 or 90 days after first hydrocarbon sales; interest rate rises from 10% to 15% PIK annually.","Conditions include equity contributions of at least $225M net of fees and maintaining $25M unrestricted cash monthly.","Sable pursuing OS&T vessel strategy; submitted plan to DOI Oct 9, expects vessel acquisition Q1 2026 and first oil sales Q4 2026.","Board forms special committee to investigate Hunterbrook report allegations involving October 2025 audio recording."],"urls":{"canonical":"https://secwatch.observer/filing/0001831481-25-000092","json":"https://secwatch.observer/filing/0001831481-25-000092.json","markdown":"https://secwatch.observer/filing/0001831481-25-000092.md","text":"https://secwatch.observer/filing/0001831481-25-000092.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1831481/000183148125000092/0001831481-25-000092-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1831481/000183148125000092/socc-20251103.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T00:56:39.770111+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"}