{"filing":{"accession_number":"0001767258-26-000043","cik":"0001767258","ticker":"XPEL","company_name":"XPEL, Inc.","form":"8-K","filing_date":"2026-05-20","report_date":null,"primary_document":"xpel-20260515.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1767258/000176725826000043/xpel-20260515.htm"},"events":[{"id":9951,"run_id":8725,"accession_number":"0001767258-26-000043","anchor_item_number":"2.01","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"summary":"XPEL completed the acquisition of its San Antonio facility for approximately $60.4 million on May 15, 2026, funded through a $44.8 million secured building loan and a $15.6 million equity contribution. The transaction included entry into material definitive agreements comprising the real estate purchase agreement, building loan, company guaranty, and an amendment to the credit facility.","company_name":"XPEL, Inc.","ticker":"XPEL","filing_date":"2026-05-20","form":"8-K","submitted_at":null,"items":[{"id":786,"accession_number":"0001767258-26-000043","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"XPEL completed the acquisition of real property and improvements constituting its San Antonio facility for approximately $60.4 million on May 15, 2026. The filing discloses entry into material definitive agreements including the real estate purchase agreement, a $44.8 million secured building loan, a company guaranty, and an amendment to the credit facility. This is a material acquisition of real property and related financing arrangements that would affect a reasonable investor's assessment of the company's capital structure and asset base.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-21T02:57:42.462199+00:00","company_name":"","ticker":null,"filing_date":""},{"id":787,"accession_number":"0001767258-26-000043","item_number":"2.01","item_title":"Completion of Acquisition or Disposition of Assets.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"Item 2.01 explicitly discloses completion of an acquisition of a San Antonio facility, funded with a $15.6 million equity contribution from XPEL to Harvest. This is a material acquisition of assets that would affect a reasonable investor's assessment of the company's capital deployment and asset base.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-21T02:57:42.462199+00:00","company_name":"","ticker":null,"filing_date":""},{"id":788,"accession_number":"0001767258-26-000043","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":"other_material","event_domain":"catchall","is_material":true,"confidence":0.45,"reasoning":"Item 2.03 discloses creation of direct financial obligations, incorporating by reference Item 1.01 details on a \"Building Loan\" and \"Amendment to Credit Facility.\" Without access to the full Item 1.01 text, the nature of these obligations cannot be precisely determined—they could represent routine debt issuance, a material acquisition-related financing, or a covenant-sensitive credit amendment. The reference structure and Item 2.03 placement suggest material debt activity, but the specific event type (ma_activity, covenant_breach, or routine debt) cannot be confidently assigned without the underlying Item 1.01 disclosure.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-21T02:57:42.462199+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":9952,"run_id":8725,"accession_number":"0001767258-26-000043","anchor_item_number":"7.01","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.92,"summary":"XPEL acquired a 75% interest in a manufacturing facility located in China, representing a material acquisition of a significant ownership stake in a manufacturing operation.","company_name":"XPEL, Inc.","ticker":"XPEL","filing_date":"2026-05-20","form":"8-K","submitted_at":null,"items":[{"id":789,"accession_number":"0001767258-26-000043","item_number":"7.01","item_title":"Regulation FD Disclosure.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.92,"reasoning":"The disclosure explicitly states that XPEL acquired a 75% interest in a manufacturing facility located in China. This constitutes a material acquisition under Item 1.01 of Form 8-K, even though it is being furnished under Item 7.01 (Regulation FD Disclosure). The acquisition of a significant ownership stake in a manufacturing facility would materially affect a reasonable investor's assessment of the company's operations and capital deployment.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-21T02:57:42.462199+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":786,"accession_number":"0001767258-26-000043","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"XPEL completed the acquisition of real property and improvements constituting its San Antonio facility for approximately $60.4 million on May 15, 2026. The filing discloses entry into material definitive agreements including the real estate purchase agreement, a $44.8 million secured building loan, a company guaranty, and an amendment to the credit facility. This is a material acquisition of real property and related financing arrangements that would affect a reasonable investor's assessment of the company's capital structure and asset base.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-21T02:57:42.462199+00:00","company_name":"XPEL, Inc.","ticker":"XPEL","filing_date":"2026-05-20"},{"id":787,"accession_number":"0001767258-26-000043","item_number":"2.01","item_title":"Completion of Acquisition or Disposition of Assets.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"Item 2.01 explicitly discloses completion of an acquisition of a San Antonio facility, funded with a $15.6 million equity contribution from XPEL to Harvest. This is a material acquisition of assets that would affect a reasonable investor's assessment of the company's capital deployment and asset base.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-21T02:57:42.462199+00:00","company_name":"XPEL, Inc.","ticker":"XPEL","filing_date":"2026-05-20"},{"id":788,"accession_number":"0001767258-26-000043","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":"other_material","event_domain":"catchall","is_material":true,"confidence":0.45,"reasoning":"Item 2.03 discloses creation of direct financial obligations, incorporating by reference Item 1.01 details on a \"Building Loan\" and \"Amendment to Credit Facility.\" Without access to the full Item 1.01 text, the nature of these obligations cannot be precisely determined—they could represent routine debt issuance, a material acquisition-related financing, or a covenant-sensitive credit amendment. The reference structure and Item 2.03 placement suggest material debt activity, but the specific event type (ma_activity, covenant_breach, or routine debt) cannot be confidently assigned without the underlying Item 1.01 disclosure.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-21T02:57:42.462199+00:00","company_name":"XPEL, Inc.","ticker":"XPEL","filing_date":"2026-05-20"},{"id":789,"accession_number":"0001767258-26-000043","item_number":"7.01","item_title":"Regulation FD Disclosure.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.92,"reasoning":"The disclosure explicitly states that XPEL acquired a 75% interest in a manufacturing facility located in China. This constitutes a material acquisition under Item 1.01 of Form 8-K, even though it is being furnished under Item 7.01 (Regulation FD Disclosure). The acquisition of a significant ownership stake in a manufacturing facility would materially affect a reasonable investor's assessment of the company's operations and capital deployment.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-21T02:57:42.462199+00:00","company_name":"XPEL, Inc.","ticker":"XPEL","filing_date":"2026-05-20"}]}
