Expire the tender offer
Delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 5 May 2020
- Due
- 1 Jun 2020
- Delivered
- June 2020
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The Tender Offer will expire at 11:59 p.m., New York City time, on June 1, 2020”
What we found
Evidence strength A What the grades mean
The company successfully completed the tender offer process, as evidenced by the recognition of debt extinguishment losses associated with the tender offer in their financial results for the period ending June 27, 2020.
-
A Kraft Heinz 10-Q filed 2020-07-31
“In connection with the Tender Offer, we recognized a loss on extinguishment of debt of $71 million. This loss primarily reflects the payment of early tender premiums and fees associated with the Tender Offer” ✓ confirmed on the page
Market reaction: the shares moved +0.1% against the S&P 500 over the three sessions around the disclosure (30 Jul 2020 to 4 Aug 2020). What this measures
Checked 18 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Transaction other
- Indicative materiality
- Medium rules
- Action
- Expire
- Deliverable
- Tender offer expiration
- Language
- Firm (“will”, “on track to”)
- In the company’s control
- High
- Specificity
- High
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: disagreesClaude (Anthropic) re-read the evidence blind and read it as “no_evidence”.
- Tie-breakA stronger model read the evidence and both earlier answers, without knowing which was recorded, and agrees with the recorded outcome.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2020-KHC-014193 · Corrections policy