{"filing":{"accession_number":"0001193125-26-252718","cik":"0000709283","ticker":"QMCO","company_name":"QUANTUM CORP /DE/","form":"8-K","filing_date":"2026-06-02","report_date":null,"primary_document":"d35173d8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/709283/000119312526252718/d35173d8k.htm"},"events":[{"id":7454,"run_id":6552,"accession_number":"0001193125-26-252718","anchor_item_number":"1.01","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.94,"summary":"Quantum Corp completed a substantial dilutive equity issuance consisting of a private placement of 10,615,712 shares at $9.42 per share for $100 million gross proceeds, conversion of $57.2 million in convertible notes into approximately 3.1 million shares, and issuance of a warrant for 105,911 shares. The unregistered securities were sold to accredited investors subject to registration rights agreements.","company_name":"QUANTUM CORP /DE/","ticker":"QMCO","filing_date":"2026-06-02","form":"8-K","submitted_at":null,"items":[{"id":3562,"accession_number":"0001193125-26-252718","item_number":"1.01","item_title":null,"event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"The filing discloses a private placement (PIPE) of 10,615,712 shares at $9.42 per share for $100 million gross proceeds, plus an additional ~3.1 million shares issued to Dialectic as consideration for converting $57.2 million in convertible notes, and a warrant for 105,911 shares. This represents a substantial dilutive equity issuance to raise capital and restructure debt, with clear disclosure of unregistered securities being sold to accredited investors subject to registration rights agreements.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-03T02:16:40.306774+00:00","company_name":"","ticker":null,"filing_date":""},{"id":3565,"accession_number":"0001193125-26-252718","item_number":"3.02","item_title":null,"event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Item 3.02 discloses an unregistered private placement of Common Stock, Share Consideration in Common Stock, and Conversion Warrants, all exempt from registration under Section 4(a)(2) and Rule 506(b). The filing explicitly references a Private Placement and Conversion Warrant issuance, which are classic dilutive equity issuances. This is material to investors as it increases share count and dilutes existing shareholders.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-03T02:16:40.306774+00:00","company_name":"","ticker":null,"filing_date":""},{"id":3566,"accession_number":"0001193125-26-252718","item_number":"8.01","item_title":null,"event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.65,"reasoning":"The Item 8.01 disclosure references \"transactions described above\" involving a Private Placement, debt conversion, share issuance, and warrant conversion, but the actual transaction details are not provided in this excerpt. The forward-looking statements reference \"anticipated closing of the transactions\" and \"expected benefits,\" indicating material corporate activity. Without the full context of the preceding Items, the most specific event type cannot be determined; however, the language strongly suggests M\u0026A or financing activity that would be material to investors.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-03T02:16:40.306774+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":7455,"run_id":6552,"accession_number":"0001193125-26-252718","anchor_item_number":"2.02","event_type":"earnings_release","event_domain":"financial","is_material":true,"confidence":0.95,"summary":"Quantum Corp disclosed preliminary financial results for the fiscal fourth quarter ended March 31, 2026, with a press release furnished as Exhibit 99.1, providing quarterly financial performance information essential to assessing the registrant's financial condition and results of operations.","company_name":"QUANTUM CORP /DE/","ticker":"QMCO","filing_date":"2026-06-02","form":"8-K","submitted_at":null,"items":[{"id":3563,"accession_number":"0001193125-26-252718","item_number":"2.02","item_title":null,"event_type":"earnings_release","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"The filing discloses preliminary financial results for the fiscal fourth quarter ended March 31, 2026, with a press release furnished as Exhibit 99.1. This is a classic earnings release disclosure under Item 2.02, which is material to investors as it provides quarterly financial performance information essential to assessing the registrant's financial condition and results of operations.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-03T02:16:40.306774+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":7456,"run_id":6552,"accession_number":"0001193125-26-252718","anchor_item_number":"2.03","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.72,"summary":"Item 2.03 discloses the creation of a direct financial obligation and incorporates Item 1.01 by reference, indicating a material acquisition or merger transaction that creates new financial obligations.","company_name":"QUANTUM CORP /DE/","ticker":"QMCO","filing_date":"2026-06-02","form":"8-K","submitted_at":null,"items":[{"id":3564,"accession_number":"0001193125-26-252718","item_number":"2.03","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.72,"reasoning":"Item 2.03 discloses creation of a direct financial obligation and incorporates Item 1.01 by reference. Item 1.01 covers material acquisitions and dispositions. The cross-reference structure indicates an M\u0026A transaction that creates new financial obligations, most likely a material acquisition or merger. Without access to Item 1.01 details, ma_activity is the most probable classification given the Item 2.03 context and incorporation language.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-03T02:16:40.306774+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":3562,"accession_number":"0001193125-26-252718","item_number":"1.01","item_title":null,"event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"The filing discloses a private placement (PIPE) of 10,615,712 shares at $9.42 per share for $100 million gross proceeds, plus an additional ~3.1 million shares issued to Dialectic as consideration for converting $57.2 million in convertible notes, and a warrant for 105,911 shares. This represents a substantial dilutive equity issuance to raise capital and restructure debt, with clear disclosure of unregistered securities being sold to accredited investors subject to registration rights agreements.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-03T02:16:40.306774+00:00","company_name":"QUANTUM CORP /DE/","ticker":"QMCO","filing_date":"2026-06-02"},{"id":3563,"accession_number":"0001193125-26-252718","item_number":"2.02","item_title":null,"event_type":"earnings_release","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"The filing discloses preliminary financial results for the fiscal fourth quarter ended March 31, 2026, with a press release furnished as Exhibit 99.1. This is a classic earnings release disclosure under Item 2.02, which is material to investors as it provides quarterly financial performance information essential to assessing the registrant's financial condition and results of operations.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-03T02:16:40.306774+00:00","company_name":"QUANTUM CORP /DE/","ticker":"QMCO","filing_date":"2026-06-02"},{"id":3564,"accession_number":"0001193125-26-252718","item_number":"2.03","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.72,"reasoning":"Item 2.03 discloses creation of a direct financial obligation and incorporates Item 1.01 by reference. Item 1.01 covers material acquisitions and dispositions. The cross-reference structure indicates an M\u0026A transaction that creates new financial obligations, most likely a material acquisition or merger. Without access to Item 1.01 details, ma_activity is the most probable classification given the Item 2.03 context and incorporation language.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-03T02:16:40.306774+00:00","company_name":"QUANTUM CORP /DE/","ticker":"QMCO","filing_date":"2026-06-02"},{"id":3565,"accession_number":"0001193125-26-252718","item_number":"3.02","item_title":null,"event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Item 3.02 discloses an unregistered private placement of Common Stock, Share Consideration in Common Stock, and Conversion Warrants, all exempt from registration under Section 4(a)(2) and Rule 506(b). The filing explicitly references a Private Placement and Conversion Warrant issuance, which are classic dilutive equity issuances. This is material to investors as it increases share count and dilutes existing shareholders.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-03T02:16:40.306774+00:00","company_name":"QUANTUM CORP /DE/","ticker":"QMCO","filing_date":"2026-06-02"},{"id":3566,"accession_number":"0001193125-26-252718","item_number":"8.01","item_title":null,"event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.65,"reasoning":"The Item 8.01 disclosure references \"transactions described above\" involving a Private Placement, debt conversion, share issuance, and warrant conversion, but the actual transaction details are not provided in this excerpt. The forward-looking statements reference \"anticipated closing of the transactions\" and \"expected benefits,\" indicating material corporate activity. Without the full context of the preceding Items, the most specific event type cannot be determined; however, the language strongly suggests M\u0026A or financing activity that would be material to investors.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-03T02:16:40.306774+00:00","company_name":"QUANTUM CORP /DE/","ticker":"QMCO","filing_date":"2026-06-02"}]}