{"schema_version":"secwatch.filing_event.v1","accession":"0001999371-25-003702","form_type":"8-K","ticker":"GDL","cik":"0001378701","company_name":"GDL FUND","filed_at":"2025-04-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.107590+00:00","generated_at":"2026-05-23T23:20:26.358866+00:00","sec_items":["3.02","5.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"GDL Fund raises ~$2.9M via issuance of 295,000 Series G Preferred Shares","bullets":["On March 26, 2025, issued 255,000 Series G Preferred at $10/share, net proceeds ~$2.5M.","On March 31, 2025, issued 40,000 Series G Preferred at $10.007/share, net proceeds ~$380K.","Total 295,000 Series G shares outstanding; 3,205,000 remain authorized for future issuance.","Series G carries a 5.20% cumulative annual dividend on $10 liquidation preference per share.","Series G Statement of Preferences adopted March 18, 2025, authorizing 3,500,000 shares."],"urls":{"canonical":"https://secwatch.observer/filing/0001999371-25-003702","json":"https://secwatch.observer/filing/0001999371-25-003702.json","markdown":"https://secwatch.observer/filing/0001999371-25-003702.md","text":"https://secwatch.observer/filing/0001999371-25-003702.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1378701/000199937125003702/0001999371-25-003702-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1378701/000199937125003702/gdl-8k_040225.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T23:20:26.358866+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":"ebb5a182b94fc8a9040660f97046de762bedf5b7","claim":"GDL FUND: Adopted Series G Statement of Preferences establishing rights and preferences for Series G Preferred Shares, authorizing 3,500,000 shares with a $10.00 liquidation preference (effective 2025-03-18).","evidence_excerpt":"On March 18, 2025, the Fund adopted the Series G Statement of Preferences establishing and fixing the rights and preferences of the Series G Preferred Shares.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1378701/000199937125003702/0001999371-25-003702-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2025-03-18"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}