{"schema_version":"secwatch.filing_event.v1","accession":"0001831481-25-000110","form_type":"8-K/A","ticker":"SOC","cik":"0001831481","company_name":"Sable Offshore Corp.","filed_at":"2025-11-25T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.683770+00:00","generated_at":"2026-05-16T17:01:00.257339+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Sable Offshore secures debt amendment with Exxon; interest rate rises to 15%, maturity extended to 2027","bullets":["Conditions satisfied: $250M common stock private placement on Nov 12, 2025; amendment effective Nov 24, 2025.","Maturity extended to earlier of March 31, 2027 or 90 days after first hydrocarbon sales; interest rate raised from 10% to 15%.","New liquidity covenant: minimum $25M unrestricted cash measured monthly; additional reporting requirements added.","Amendment with Exxon Mobil as lender; existing guarantees from Pacific Offshore Pipeline and Pacific Pipeline reaffirmed.","Company raised $250M equity to meet $225M minimum cash proceeds condition; PIK interest option available."],"urls":{"canonical":"https://secwatch.observer/filing/0001831481-25-000110","json":"https://secwatch.observer/filing/0001831481-25-000110.json","markdown":"https://secwatch.observer/filing/0001831481-25-000110.md","text":"https://secwatch.observer/filing/0001831481-25-000110.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1831481/000183148125000110/0001831481-25-000110-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1831481/000183148125000110/socc-20251103.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T17:01:00.257339+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"}