{"filing":{"accession_number":"0001193125-26-271741","cik":"0001105101","ticker":"GIGM","company_name":"GIGAMEDIA Ltd","form":"6-K","filing_date":"2026-06-16","report_date":null,"primary_document":"gigm-6-k_2026_aeolus_sha.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1105101/000119312526271741/gigm-6-k_2026_aeolus_sha.htm"},"events":[{"id":12323,"run_id":10891,"accession_number":"0001193125-26-271741","anchor_item_number":"EX-99.1","event_type":"financial_other","event_domain":"financial","is_material":true,"confidence":0.85,"summary":"GigaMedia announces conversion of US$12.37 million in Aeolus convertible notes into 719.09 million preferred shares, increasing its ownership stake to 33.35% and triggering a change in accounting treatment from available-for-sale to equity method. This is a material financial transaction involving a significant investment position and accounting reclassification, but does not fit the specific categories of debt issuance, dilutive issuance, or M\u0026A activity—it is a conversion and settlement of an existing investment instrument, best classified as a material financial event outside the named categories.","company_name":"GIGAMEDIA Ltd","ticker":"GIGM","filing_date":"2026-06-16","form":"6-K","submitted_at":null,"items":[{"id":9146,"accession_number":"0001193125-26-271741","item_number":"EX-99.1","item_title":"gigm-ex99_1.htm","event_type":"financial_other","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"GigaMedia announces conversion of US$12.37 million in Aeolus convertible notes into 719.09 million preferred shares, increasing its ownership stake to 33.35% and triggering a change in accounting treatment from available-for-sale to equity method. This is a material financial transaction involving a significant investment position and accounting reclassification, but does not fit the specific categories of debt issuance, dilutive issuance, or M\u0026A activity—it is a conversion and settlement of an existing investment instrument, best classified as a material financial event outside the named categories.","classifier_version":"claude-haiku-4-5-20251001+prompt-6be895f9","taxonomy_version":"v1.3","classified_at":"2026-06-22T02:37:47.713208+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":9146,"accession_number":"0001193125-26-271741","item_number":"EX-99.1","item_title":"gigm-ex99_1.htm","event_type":"financial_other","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"GigaMedia announces conversion of US$12.37 million in Aeolus convertible notes into 719.09 million preferred shares, increasing its ownership stake to 33.35% and triggering a change in accounting treatment from available-for-sale to equity method. This is a material financial transaction involving a significant investment position and accounting reclassification, but does not fit the specific categories of debt issuance, dilutive issuance, or M\u0026A activity—it is a conversion and settlement of an existing investment instrument, best classified as a material financial event outside the named categories.","classifier_version":"claude-haiku-4-5-20251001+prompt-6be895f9","taxonomy_version":"v1.3","classified_at":"2026-06-22T02:37:47.713208+00:00","company_name":"GIGAMEDIA Ltd","ticker":"GIGM","filing_date":"2026-06-16"}]}
