{"filing":{"accession_number":"0001104659-26-073513","cik":"0000102109","ticker":"UUU","company_name":"UNIVERSAL SAFETY PRODUCTS, INC.","form":"8-K","filing_date":"2026-06-12","report_date":null,"primary_document":"tm2617757d1_8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/102109/000110465926073513/tm2617757d1_8k.htm"},"events":[{"id":10295,"run_id":9030,"accession_number":"0001104659-26-073513","anchor_item_number":"1.01","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.9,"summary":"Universal Safety Products entered into a Securities Purchase Agreement to sell convertible promissory notes totaling up to $10.6 million principal to SJC Lending LLC under a Section 4(a)(2) private placement exemption. The conversion of these notes would result in issuance of shares exceeding 19.99% of outstanding common stock, requiring stockholder approval under NYSE American rules, representing a material dilutive equity issuance.","company_name":"UNIVERSAL SAFETY PRODUCTS, INC.","ticker":"UUU","filing_date":"2026-06-12","form":"8-K","submitted_at":null,"items":[{"id":6579,"accession_number":"0001104659-26-073513","item_number":"1.01","item_title":null,"event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"The Company entered into a Securities Purchase Agreement to sell convertible promissory notes totaling up to $10.6 million principal ($10.0 million purchase price) to SJC Lending LLC. The conversion of these notes would result in issuance of shares exceeding 19.99% of outstanding common stock, requiring stockholder approval under NYSE American rules. This is a classic dilutive equity issuance structured as convertible debt, material to investors assessing ownership dilution and capital structure.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-13T00:01:26.595178+00:00","company_name":"","ticker":null,"filing_date":""},{"id":6580,"accession_number":"0001104659-26-073513","item_number":"2.03","item_title":null,"event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.45,"reasoning":"Item 2.03 discloses creation of a direct financial obligation, with the substantive disclosure incorporated by reference from Item 1.01. Without access to Item 1.01's content, the specific nature of the obligation cannot be determined—it could relate to debt issuance, lease arrangements, guarantees, or other financial commitments. The reference structure prevents precise classification into debt-specific categories (covenant_breach, ma_activity, etc.), warranting the catch-all category pending Item 1.01 review.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-13T00:01:26.595178+00:00","company_name":"","ticker":null,"filing_date":""},{"id":6581,"accession_number":"0001104659-26-073513","item_number":"3.02","item_title":null,"event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"Item 3.02 discloses an unregistered sale of a Note to SJC under Section 4(a)(2) exemption, which is a private placement of a debt security. The filing explicitly references incorporation of Item 1.01 details, indicating a material transaction. Unregistered securities issuances under Section 4(a)(2) are typically material to investors as they signal capital raising activity and potential dilution.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-13T00:01:26.595178+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":6579,"accession_number":"0001104659-26-073513","item_number":"1.01","item_title":null,"event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"The Company entered into a Securities Purchase Agreement to sell convertible promissory notes totaling up to $10.6 million principal ($10.0 million purchase price) to SJC Lending LLC. The conversion of these notes would result in issuance of shares exceeding 19.99% of outstanding common stock, requiring stockholder approval under NYSE American rules. This is a classic dilutive equity issuance structured as convertible debt, material to investors assessing ownership dilution and capital structure.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-13T00:01:26.595178+00:00","company_name":"UNIVERSAL SAFETY PRODUCTS, INC.","ticker":"UUU","filing_date":"2026-06-12"},{"id":6580,"accession_number":"0001104659-26-073513","item_number":"2.03","item_title":null,"event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.45,"reasoning":"Item 2.03 discloses creation of a direct financial obligation, with the substantive disclosure incorporated by reference from Item 1.01. Without access to Item 1.01's content, the specific nature of the obligation cannot be determined—it could relate to debt issuance, lease arrangements, guarantees, or other financial commitments. The reference structure prevents precise classification into debt-specific categories (covenant_breach, ma_activity, etc.), warranting the catch-all category pending Item 1.01 review.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-13T00:01:26.595178+00:00","company_name":"UNIVERSAL SAFETY PRODUCTS, INC.","ticker":"UUU","filing_date":"2026-06-12"},{"id":6581,"accession_number":"0001104659-26-073513","item_number":"3.02","item_title":null,"event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"Item 3.02 discloses an unregistered sale of a Note to SJC under Section 4(a)(2) exemption, which is a private placement of a debt security. The filing explicitly references incorporation of Item 1.01 details, indicating a material transaction. Unregistered securities issuances under Section 4(a)(2) are typically material to investors as they signal capital raising activity and potential dilution.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-13T00:01:26.595178+00:00","company_name":"UNIVERSAL SAFETY PRODUCTS, INC.","ticker":"UUU","filing_date":"2026-06-12"}]}