{"schema_version":"secwatch.filing_event.v1","accession":"0001935979-25-000074","form_type":"8-K","ticker":"BHVN","cik":"0001935979","company_name":"Biohaven Ltd.","filed_at":"2025-08-15T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.640914+00:00","generated_at":"2026-05-17T12:35:02.946421+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Biohaven amends Knopp deal: royalty cut to mid-single digits, milestones reduced by >$800M","bullets":["Removed up to $562.5M in commercial sales milestones; reduced developmental/regulatory milestones from $575M to up to $210M.","Replaced high-single-to-low-teens royalties with flat mid-single-digit royalty for BHV-7000 and pipeline.","Filed prospectus supplement for resale of 3,588,688 common shares issued as consideration for the Knopp Amendment.","Biohaven retains option to pay remaining contingent milestones in cash or shares."],"urls":{"canonical":"https://secwatch.observer/filing/0001935979-25-000074","json":"https://secwatch.observer/filing/0001935979-25-000074.json","markdown":"https://secwatch.observer/filing/0001935979-25-000074.md","text":"https://secwatch.observer/filing/0001935979-25-000074.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1935979/000193597925000074/0001935979-25-000074-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1935979/000193597925000074/bhvn-20250815.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T12:35:02.946421+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"}