{"filing":{"accession_number":"0001437749-26-033417","cik":"0001757715","ticker":"ATER","company_name":"Aterian, Inc.","form":"8-K","filing_date":"2026-10-23","report_date":"2026-10-20","primary_document":"ater20261019_8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1757715/000143774926033417/ater20261019_8k.htm"},"events":[{"id":37627,"run_id":34675,"accession_number":"0001437749-26-033417","anchor_item_number":"2.03","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"summary":"Aterian entered into an unsecured promissory note with stockholder Chen Zhipeng for up to $1,000,000 in advances at 8.0% annual interest, maturing eight months from October 20, 2026. The note includes conversion features and PIPE participation rights, creating a new direct financial obligation material to the company's capital structure and liquidity.","company_name":"Aterian, Inc.","ticker":"ATER","filing_date":"2026-10-23","form":"8-K","submitted_at":null,"items":[{"id":42400,"accession_number":"0001437749-26-033417","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"Aterian entered into an unsecured promissory note with a stockholder (Chen Zhipeng) for up to $1,000,000 in advances at 8.0% interest, maturing eight months from October 20, 2026. This creates a new direct financial obligation and is disclosed under Item 1.01 (Entry into a Material Definitive Agreement). While the note includes conversion and PIPE participation features, the core event is the creation of debt financing, which is material to investors assessing the company's capital structure and liquidity.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-10-23T20:20:28.276732+00:00","company_name":"","ticker":null,"filing_date":""},{"id":42401,"accession_number":"0001437749-26-033417","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Item 2.03 discloses creation of a direct financial obligation under a Note with up to $1,000,000 principal amount and 8.0% annual interest. This is a classic debt issuance — a new credit facility or term loan arrangement. The materiality threshold for a $1M obligation at a small-cap issuer (ATER) is typically material to investors assessing the registrant's capital structure and financial obligations.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-10-23T20:20:28.276732+00:00","company_name":"","ticker":null,"filing_date":""},{"id":42402,"accession_number":"0001437749-26-033417","item_number":"3.02","item_title":"Unregistered Sales of Equity Securities.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"Item 3.02 discloses an unregistered sale of equity securities under a convertible note (the \"Note\") with PIPE Securities and Maturity Conversion Shares issuable thereunder, issued in reliance on Securities Act exemptions. The reference to Item 1.01 indicates this is part of a financing transaction. Convertible notes with equity conversion features and PIPE-like structures are classic dilutive issuances, particularly material for small- and mid-cap issuers raising capital.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-10-23T20:20:28.276732+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":42400,"accession_number":"0001437749-26-033417","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"Aterian entered into an unsecured promissory note with a stockholder (Chen Zhipeng) for up to $1,000,000 in advances at 8.0% interest, maturing eight months from October 20, 2026. This creates a new direct financial obligation and is disclosed under Item 1.01 (Entry into a Material Definitive Agreement). While the note includes conversion and PIPE participation features, the core event is the creation of debt financing, which is material to investors assessing the company's capital structure and liquidity.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-10-23T20:20:28.276732+00:00","company_name":"Aterian, Inc.","ticker":"ATER","filing_date":"2026-10-23"},{"id":42401,"accession_number":"0001437749-26-033417","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Item 2.03 discloses creation of a direct financial obligation under a Note with up to $1,000,000 principal amount and 8.0% annual interest. This is a classic debt issuance — a new credit facility or term loan arrangement. The materiality threshold for a $1M obligation at a small-cap issuer (ATER) is typically material to investors assessing the registrant's capital structure and financial obligations.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-10-23T20:20:28.276732+00:00","company_name":"Aterian, Inc.","ticker":"ATER","filing_date":"2026-10-23"},{"id":42402,"accession_number":"0001437749-26-033417","item_number":"3.02","item_title":"Unregistered Sales of Equity Securities.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"Item 3.02 discloses an unregistered sale of equity securities under a convertible note (the \"Note\") with PIPE Securities and Maturity Conversion Shares issuable thereunder, issued in reliance on Securities Act exemptions. The reference to Item 1.01 indicates this is part of a financing transaction. Convertible notes with equity conversion features and PIPE-like structures are classic dilutive issuances, particularly material for small- and mid-cap issuers raising capital.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-10-23T20:20:28.276732+00:00","company_name":"Aterian, Inc.","ticker":"ATER","filing_date":"2026-10-23"}]}