{"schema_version":"secwatch.filing_event.v1","accession":"0001865782-26-000008","form_type":"8-K","ticker":"BTSG","cik":"0001865782","company_name":"BrightSpring Health Services, Inc.","filed_at":"2026-03-04T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.605965+00:00","generated_at":"2026-05-15T21:50:15.628147+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"BrightSpring enters underwriting agreement for 20M share secondary offering at $41.15; repurchases 1.46M shares","bullets":["All 20,000,000 shares sold by Selling Stockholders (KKR and management) at $41.15 per share; company received no proceeds except from option exercises.","Company repurchased 1,464,807 shares from the Underwriter as part of the Offering with no underwriting fees on repurchased shares.","Offering closed on March 4, 2026; Underwriter has 30-day option to purchase up to 3,000,000 additional shares for over-allotments.","The Offering was structured as common stock only with no warrant coverage, led by healthcare-dedicated investors and existing shareholders.","Underwriting Agreement contains customary representations, warranties, indemnification, and closing conditions."],"urls":{"canonical":"https://secwatch.observer/filing/0001865782-26-000008","json":"https://secwatch.observer/filing/0001865782-26-000008.json","markdown":"https://secwatch.observer/filing/0001865782-26-000008.md","text":"https://secwatch.observer/filing/0001865782-26-000008.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1865782/000186578226000008/0001865782-26-000008-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1865782/000186578226000008/btsg-20260302.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T21:50:15.628147+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":"c98b834b9c307fd6983caa81d30079dfe26f1247","claim":"BrightSpring Health Services, Inc. entered into Underwriting Agreement with KKR Phoenix Aggregator L.P., the Management Selling Stockholders, and Goldman Sachs & Co. LLC (effective 2026-03-02).","evidence_excerpt":"On March 2, 2026, BrightSpring Health Services, Inc. (the \"Company\") entered into an underwriting agreement with KKR Phoenix Aggregator L.P. (the \"KKR Selling Stockholder\"), the Management Selling Stockholders (as defined therein) (together with the KKR Selling Stockholder, the \"Selling Stockholders\"), and Goldman Sachs & Co. LLC (the \"Underwriter\"), relating to an underwritten offering (the \"Offering\") of 20,000,000 shares of the Company’s common stock, par value $0.01 per share (the \"Common Stock\"), at the public offering price of $41.15 per share.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1865782/000186578226000008/0001865782-26-000008-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"underwriting"},{"label":"Counterparty","value":"KKR Phoenix Aggregator L.P., the Management Selling Stockholders, and Goldman Sachs & Co. LLC"},{"label":"Effective","value":"2026-03-02"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}