secwatch.observer — SEC 8-K summary
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Issuer:     Calumet, Inc. /DE (CLMT)
CIK:        0002013745
Form:       8-K
Filed at:   2025-11-07T23:59:59+00:00
Accession:  0002013745-25-000015
Event type: other_material
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 4.02
LLM model:  deepseek-v4-flash:cloud@v2

Calumet restates Q1/Q2 2025 cash flows; misclassification of ~$81M; material weakness
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- Non-reliance on unaudited interim financials for Q1 and Q2 2025 due to cash flow classification error.
- Error misclassified debt extinguishment costs between operating and financing activities; no impact on net income or cash balance.
- Q1 2025 operating cash flow revised from $110.6M used to $29.3M used; financing cash flow reduced by $81.3M.
- Six-month June 30, 2025 operating cash flow revised from $108.0M used to $31.1M used; financing reduced by $76.9M.
- Material weakness identified in internal control over financial reporting; disclosure controls deemed ineffective.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2013745/000201374525000015/0002013745-25-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2013745/000201374525000015/clmt-20251103x8k.htm
  HTML page:      https://secwatch.observer/filing/0002013745-25-000015

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