{"filing":{"accession_number":"0001193125-26-349161","cik":"0001966983","ticker":"LAC","company_name":"LITHIUM AMERICAS CORP.","form":"8-K","filing_date":"2026-08-13","report_date":"2026-08-13","primary_document":"d131555d8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1966983/000119312526349161/d131555d8k.htm"},"events":[{"id":27587,"run_id":25154,"accession_number":"0001193125-26-349161","anchor_item_number":"1.01","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"summary":"Lithium Americas completed the initial closing of a $150 million subordinated convertible debenture issuance to YA II PN, Ltd. on August 13, 2026, with an additional $25 million available in delayed closings. The debentures carry a 5% base interest rate (escalating to 7.5% or 15% under specified conditions), a 5-year maturity, and conversion rights into common shares, subject to significant covenants and restrictions on repayment, additional indebtedness, and equity issuances.","company_name":"LITHIUM AMERICAS CORP.","ticker":"LAC","filing_date":"2026-08-13","form":"8-K","submitted_at":null,"items":[{"id":29175,"accession_number":"0001193125-26-349161","item_number":"1.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Lithium Americas completed the initial closing of a $150 million subordinated convertible debenture issuance to YA II PN, Ltd. on August 13, 2026, with an additional $25 million available in delayed closings. This is a material creation of a direct financial obligation with a 5-year maturity, 5% base interest rate (escalating to 7.5% or 15% under specified conditions), and conversion rights into common shares. The debt carries significant covenants and restrictions, including limitations on repayment, additional indebtedness, and equity issuances, making it a material financing event.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-14T03:01:50.252253+00:00","company_name":"","ticker":null,"filing_date":""},{"id":29176,"accession_number":"0001193125-26-349161","item_number":"2.03","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Item 2.03 explicitly addresses creation of a direct financial obligation. The filing references debentures (debt securities) incorporated from Item 1.01, indicating issuance of a new debt instrument. Debenture issuance is a material financial obligation requiring 8-K disclosure and would affect investor assessment of the registrant's capital structure and leverage.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-14T03:01:50.252253+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":27588,"run_id":25154,"accession_number":"0001193125-26-349161","anchor_item_number":"3.02","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"summary":"Lithium Americas issued common shares and convertible debentures to YA II PN, Ltd. pursuant to a Purchase Agreement, relying on Section 4(a)(2) exemption from registration. The issuance of equity and equity-linked securities constitutes a dilutive capital raise material to investors assessing ownership structure and shareholder dilution.","company_name":"LITHIUM AMERICAS CORP.","ticker":"LAC","filing_date":"2026-08-13","form":"8-K","submitted_at":null,"items":[{"id":29177,"accession_number":"0001193125-26-349161","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 sale of Common Shares and issuance of convertible Debentures to an Investor pursuant to a Purchase Agreement, relying on Section 4(a)(2) exemption. The disclosure explicitly references Item 1.01 (which typically covers material acquisitions or transactions), indicating a significant capital raise. Convertible debentures with equity conversion rights and direct common share issuance constitute a dilutive equity issuance material to investors assessing ownership and capital structure.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-14T03:01:50.252253+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":29175,"accession_number":"0001193125-26-349161","item_number":"1.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Lithium Americas completed the initial closing of a $150 million subordinated convertible debenture issuance to YA II PN, Ltd. on August 13, 2026, with an additional $25 million available in delayed closings. This is a material creation of a direct financial obligation with a 5-year maturity, 5% base interest rate (escalating to 7.5% or 15% under specified conditions), and conversion rights into common shares. The debt carries significant covenants and restrictions, including limitations on repayment, additional indebtedness, and equity issuances, making it a material financing event.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-14T03:01:50.252253+00:00","company_name":"LITHIUM AMERICAS CORP.","ticker":"LAC","filing_date":"2026-08-13"},{"id":29176,"accession_number":"0001193125-26-349161","item_number":"2.03","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Item 2.03 explicitly addresses creation of a direct financial obligation. The filing references debentures (debt securities) incorporated from Item 1.01, indicating issuance of a new debt instrument. Debenture issuance is a material financial obligation requiring 8-K disclosure and would affect investor assessment of the registrant's capital structure and leverage.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-14T03:01:50.252253+00:00","company_name":"LITHIUM AMERICAS CORP.","ticker":"LAC","filing_date":"2026-08-13"},{"id":29177,"accession_number":"0001193125-26-349161","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 sale of Common Shares and issuance of convertible Debentures to an Investor pursuant to a Purchase Agreement, relying on Section 4(a)(2) exemption. The disclosure explicitly references Item 1.01 (which typically covers material acquisitions or transactions), indicating a significant capital raise. Convertible debentures with equity conversion rights and direct common share issuance constitute a dilutive equity issuance material to investors assessing ownership and capital structure.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-14T03:01:50.252253+00:00","company_name":"LITHIUM AMERICAS CORP.","ticker":"LAC","filing_date":"2026-08-13"}]}