Skill: aniebyl/olo-sec-scanner (version 1.0.0)

--- name: olo-sec-scanner version: 1.0.0 description: SEC EDGAR filing analysis for M&A due diligence — extract financials, detect risks, and track corporate events from 10-K, 10-Q, and 8-K filings author: ololand.ai author_url: https://ololand.ai license: MIT triggers: - sec filing - edgar - 10-k analysis - 10-q analysis - 8-k filing - annual report - quarterly report - sec extraction - xbrl tags: - finance - sec - m-and-a - due-diligence - regulatory --- # SEC Filing Scanner for M&A Extract and analyze SEC EDGAR filings for acquisition due diligence. ## Data Source SEC EDGAR API (free, no API key, 10 req/sec rate limit): - Company Facts: `https://data.sec.gov/api/xbrl/companyfacts/CIK{cik}.json` - Submissions: `https://data.sec.gov/submissions/CIK{cik}.json` - Full-Text Search: `https://efts.sec.gov/LATEST/search-index?q=...` ## Filing Types & M&A Relevance | Filing | Use Case | |--------|----------| | 10-K | Annual financials, risk factors, segment data, legal proceedings | | 10-Q | Quarterly trends, interim changes, going concern flags | | 8-K | Material events: acquisitions, dispositions, leadership changes, restatements | | DEF 14A | Executive comp, related-party transactions, governance | | SC 13D/G | Activist positions, ownership changes above 5% | | Form 4 | Insider buying/selling patterns (signal conviction) | | Form D | Private placement activity (pre-IPO targets) | ## Extraction Framework ### 1. Financial Extraction (from XBRL) - Revenue (3-5 year trend from `Revenues` or [REDACTED_SECRET]) - EBITDA (computed: `OperatingIncome` + `DepreciationAndAmortization`) - Net income, EPS, diluted shares - Total assets, total liabilities, stockholders' equity - Operating cash flow, CapEx, free cash flow - Segment revenue breakdown (if multi-segment) ### 2. Risk Factor Analysis (from 10-K Item 1A) - Categorize risks: market, operational, regulatory, financial, legal, technology - Flag risks mentioning: litigation, regulatory investigation, material weakness, going concern - Compare risk factors year-over-year to detect new disclosures - Score overall risk severity (low / moderate / elevated / high) ### 3. Material Event Detection (from 8-K) - Item 1.01: Entry into material agreement - Item 2.01: Completion of acquisition or disposition - Item 2.05: Costs of restructuring - Item 4.01: Change in accountant (red flag) - Item 5.02: Departure of directors/officers - Item 8.01: Other material events ### 4. Ownership & Governance (from DEF 14A, 13D/G) - Top institutional holders and concentration - Insider ownership percentage - Recent insider transactions (net buying vs. selling) - Activist involvement flags ## Output Format ``` SEC Filing Analysis: [Company Name] (CIK: XXXXXXXXXX) Filings Scanned: 12 (3x 10-K, 8x 10-Q, 1x 8-K) Date Range: 2023-01-01 to 2025-12-31 Financial Summary (from XBRL): Revenue TTM: $164.5M (↑ 12% YoY) EBITDA TTM: $28.3M (17.2% margin) FCF TTM: $22.1M Net Debt: $45.0M (1.6x EBITDA) Risk Flags: ⚠ New risk factor: "concentration of revenue" (added FY2025) ⚠ Material weakness in internal controls (10-K Item 9A) ✓ No going concern language ✓ No change in auditor Material Events (8-K): 2025-09-15: Entered into $50M credit facility (Item 1.01) 2025-06-01: CFO departure (Item 5.02) Insider Activity (Last 12 months): Net Selling: $2.3M (3 insiders sold, 0 bought) ``` ## M&A-Specific Checks - **Change of control provisions**: Search 10-K for "change of control", "golden parachute", "poison pill" - **Material contracts**: Identify contracts with change-of-control triggers - **Customer concentration**: Extract from risk factors or segment data - **Pending litigation**: Quantify contingent liabilities from footnotes - **NOL carryforwards**: Extract tax asset values (Section 382 limitation risk in acquisition) - **Lease obligations**: Right-of-use assets and total lease commitments


Security scan verdicts — ClawScan: clean | static analysis: clean | VirusTotal: clean | SkillSpector: clean (LOW)