{"filing":{"accession_number":"0001140361-26-025457","cik":"0001378950","ticker":"PRTS","company_name":"CarParts.com, Inc.","form":"8-K","filing_date":"2026-06-16","report_date":null,"primary_document":"ef20076252_8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1378950/000114036126025457/ef20076252_8k.htm"},"events":[{"id":11371,"run_id":9982,"accession_number":"0001140361-26-025457","anchor_item_number":"1.01","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.92,"summary":"CarParts.com entered into a material $25 million asset-based revolving credit facility with First Business Specialty Finance on June 15, 2026, secured by substantially all company assets. This represents a significant financing transaction that materially affects the company's capital structure and liquidity position.","company_name":"CarParts.com, Inc.","ticker":"PRTS","filing_date":"2026-06-16","form":"8-K","submitted_at":null,"items":[{"id":7945,"accession_number":"0001140361-26-025457","item_number":"1.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.92,"reasoning":"CarParts.com entered into a material $25 million asset-based revolving credit facility with First Business Specialty Finance on June 15, 2026, secured by substantially all company assets. This represents a significant financing transaction that materially affects the company's capital structure and liquidity position. While not a traditional M\u0026A transaction, the entry into this material definitive agreement constitutes a reportable event under Item 1.01 that would affect a reasonable investor's assessment of the registrant's financial condition and available resources.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-16T20:47:13.492429+00:00","company_name":"","ticker":null,"filing_date":""},{"id":7947,"accession_number":"0001140361-26-025457","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 via a Credit Facility, with details incorporated from Item 1.01. Without access to the Item 1.01 content, the specific nature of the obligation cannot be fully determined. If the Credit Facility represents a material debt arrangement or refinancing, it would be material; however, the sparse disclosure here prevents confident classification into a more specific event type. The reference structure suggests this is a secondary disclosure tied to a primary M\u0026A or financing event.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-16T20:47:13.492429+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":11372,"run_id":9982,"accession_number":"0001140361-26-025457","anchor_item_number":"1.02","event_type":"covenant_breach","event_domain":"financial","is_material":true,"confidence":0.45,"summary":"CarParts.com terminated its JPM Credit Facility, which typically signals a covenant breach, default, or financial distress event. The termination of the prior credit facility is material and suggests underlying financial stress, though the precise nature of the termination—whether voluntary, forced by breach, or consensual—cannot be definitively determined from the available disclosures.","company_name":"CarParts.com, Inc.","ticker":"PRTS","filing_date":"2026-06-16","form":"8-K","submitted_at":null,"items":[{"id":7946,"accession_number":"0001140361-26-025457","item_number":"1.02","item_title":null,"event_type":"covenant_breach","event_domain":"financial","is_material":true,"confidence":0.45,"reasoning":"Item 1.02 discloses termination of a material definitive agreement (the JPM Credit Facility), which typically signals a covenant breach, default, or financial distress event. However, without the referenced Item 1.01 content, the precise nature of the termination—whether voluntary, forced by breach, or consensual—cannot be definitively determined. The termination of a credit facility is material and often precedes or accompanies covenant violations, but the low confidence reflects ambiguity about the underlying cause.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-16T20:47:13.492429+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":7945,"accession_number":"0001140361-26-025457","item_number":"1.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.92,"reasoning":"CarParts.com entered into a material $25 million asset-based revolving credit facility with First Business Specialty Finance on June 15, 2026, secured by substantially all company assets. This represents a significant financing transaction that materially affects the company's capital structure and liquidity position. While not a traditional M\u0026A transaction, the entry into this material definitive agreement constitutes a reportable event under Item 1.01 that would affect a reasonable investor's assessment of the registrant's financial condition and available resources.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-16T20:47:13.492429+00:00","company_name":"CarParts.com, Inc.","ticker":"PRTS","filing_date":"2026-06-16"},{"id":7946,"accession_number":"0001140361-26-025457","item_number":"1.02","item_title":null,"event_type":"covenant_breach","event_domain":"financial","is_material":true,"confidence":0.45,"reasoning":"Item 1.02 discloses termination of a material definitive agreement (the JPM Credit Facility), which typically signals a covenant breach, default, or financial distress event. However, without the referenced Item 1.01 content, the precise nature of the termination—whether voluntary, forced by breach, or consensual—cannot be definitively determined. The termination of a credit facility is material and often precedes or accompanies covenant violations, but the low confidence reflects ambiguity about the underlying cause.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-16T20:47:13.492429+00:00","company_name":"CarParts.com, Inc.","ticker":"PRTS","filing_date":"2026-06-16"},{"id":7947,"accession_number":"0001140361-26-025457","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 via a Credit Facility, with details incorporated from Item 1.01. Without access to the Item 1.01 content, the specific nature of the obligation cannot be fully determined. If the Credit Facility represents a material debt arrangement or refinancing, it would be material; however, the sparse disclosure here prevents confident classification into a more specific event type. The reference structure suggests this is a secondary disclosure tied to a primary M\u0026A or financing event.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-16T20:47:13.492429+00:00","company_name":"CarParts.com, Inc.","ticker":"PRTS","filing_date":"2026-06-16"}]}
