{"schema_version":"secwatch.filing_event.v1","accession":"0001864448-23-000138","form_type":"8-K","ticker":null,"cik":"0001864448","company_name":"Wejo Group Ltd","filed_at":"2023-06-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.357059+00:00","generated_at":"2026-06-13T21:51:05.644321+00:00","sec_items":["1.03","2.04","7.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.95,"calibrated_materiality_score":0.95,"confidence":"high","headline":"Wejo Group subsidiary files second administration notice; $58.9M debt accelerated; Nasdaq delisted","bullets":["Wejo Limited filed second Notice of Intent to appoint administrators; first expired June 12, 2023; new filing June 13, 2023.","Default accelerated ~$42.6M Secured Loan Notes, ~$10.5M GM Convertible, ~$3.57M Esousa Second Lien, $2.2M Unsecured Note.","Company will not appeal Nasdaq delisting; trading of common shares and warrants suspended June 9, 2023.","Evaluating ancillary insolvency proceedings in other jurisdictions, including the US."],"urls":{"canonical":"https://secwatch.observer/filing/0001864448-23-000138","json":"https://secwatch.observer/filing/0001864448-23-000138.json","markdown":"https://secwatch.observer/filing/0001864448-23-000138.md","text":"https://secwatch.observer/filing/0001864448-23-000138.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1864448/000186444823000138/0001864448-23-000138-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1864448/000186444823000138/wejo-20230620.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T21:51:05.644321+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":"5b5b74ef784d4d4a412e5f20dd3d16dd1f7eefea","claim":"Wejo Group Ltd faced acceleration on convertible notes of $10.5 million with General Motors Holdings LLC.","evidence_excerpt":"each such note issuance: (i) approximately $42.6 million in principal and unpaid interest through April 2024 in the aggregate under the Secured Loan Notes; (ii) approximately $10.5 million in principal and interest through December 2023 in the aggregate under the Secured Convertible Notes; (iii) approximately $3.57 million in principal, interest and extension fees","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1864448/000186444823000138/0001864448-23-000138-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$10.5 million"},{"label":"Counterparty","value":"General Motors Holdings LLC"},{"label":"Event","value":"acceleration"}],"fact_type":"debt_financing"},{"claim_id":"8d786d381276254ecf21f8e5f40288517fc3d1e5","claim":"Wejo Group Ltd faced acceleration on senior notes of $2.2 million with Tim Lee.","evidence_excerpt":"aggregate under the Secured Convertible Notes; (iii) approximately $3.57 million in principal, interest and extension fees in the aggregate under the Second Lien Note, and (iv) $2.2 million in principal and redemption premium in the aggregate under the Unsecured Note.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1864448/000186444823000138/0001864448-23-000138-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$2.2 million"},{"label":"Counterparty","value":"Tim Lee"},{"label":"Event","value":"acceleration"}],"fact_type":"debt_financing"},{"claim_id":"b6a23f4a0c5e720ff8edb9041fc4ef6e69cb9388","claim":"Wejo Group Ltd faced acceleration on senior notes of $3.57 million with Esousa Holdings LLC.","evidence_excerpt":"Secured Loan Notes; (ii) approximately $10.5 million in principal and interest through December 2023 in the aggregate under the Secured Convertible Notes; (iii) approximately $3.57 million in principal, interest and extension fees in the aggregate under the Second Lien Note, and (iv) $2.2 million in principal and redemption premium in the aggregate under the","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1864448/000186444823000138/0001864448-23-000138-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$3.57 million"},{"label":"Counterparty","value":"Esousa Holdings LLC"},{"label":"Event","value":"acceleration"}],"fact_type":"debt_financing"},{"claim_id":"be8966a9ba70e22f101fd42ad8413cc58d2c107a","claim":"Wejo Group Ltd faced acceleration on senior notes of $42.6 million with Securis Investment Partners LLP.","evidence_excerpt":"Company in favor of Tim Lee. As of the date of the Second Notice of Intent, the Company had the following amounts outstanding under each such note issuance: (i) approximately $42.6 million in principal and unpaid interest through April 2024 in the aggregate under the Secured Loan Notes; (ii) approximately $10.5 million in principal and interest through December","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1864448/000186444823000138/0001864448-23-000138-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$42.6 million"},{"label":"Counterparty","value":"Securis Investment Partners LLP"},{"label":"Event","value":"acceleration"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}