---
title: "Situation underwriting pack"
method: GET
path: "/v1/situations/{situation_id}/underwriting-pack"
tags: ["Special Situations"]
---

# Situation underwriting pack

`GET /v1/situations/{situation_id}/underwriting-pack`

## Request

- Base URL: `https://api.turos.app`
- URL: `https://api.turos.app/v1/situations/{situation_id}/underwriting-pack`
- Auth: one of:
  - API key in header `x-api-key`
  - HTTP bearer

This paid endpoint returns canonical Special Situations detail and the SEC filing timeline. It does not provide proprietary enrichment or investment advice.

## Path parameters

- `situation_id` string, required

## Response `200`

Successful response

- SituationUnderwritingPack
  - `object` 'situation_underwriting_pack', required
  - `id` string, required
  - `generatedAt` string, date-time, required
  - `research` object, required
    - `headline` string, required
    - `businessProfile` string, nullable, required
    - `narrative` string, nullable, required
  - `situation` SituationDetail, required
    - `object` 'situation', required
    - `id` string, required
    - `createdAt` string, required
    - `updatedAt` string, required
    - `livemode` boolean, required
    - `type` 'merger' | 'tender_offer' | 'going_private' | 'spin_off' | 'divestiture' | 'activist_campaign' | 'restructuring' | 'bankruptcy' | 'liquidation' | 'strategic_review' | 'capital_return' | 'capital_raise' | 'spac' | 'delisting' | 'relisting' | 'litigation' | 'management_change' | 'domicile_change' | 'demutualization' | 'other', required
    - `subtype` 'definitive' | 'preliminary' | 'unsolicited' | 'rumor_response' | 'scheme_of_arrangement' | 'spac_merger' | 'self_tender' | 'third_party' | 'exchange_offer' | 'management_buyout' | 'sponsor_buyout' | 'squeeze_out' | 'spin_off' | 'split_off' | 'carve_out_ipo' | 'asset_sale' | 'joint_venture' | 'carve_out' | 'stake_disclosure' | 'proxy_contest' | 'cooperation_agreement' | 'settlement' | 'debt_for_equity_swap' | 'out_of_court' | 'operational' | 'chapter_11' | 'chapter_7' | 'chapter_15' | 'administration' | 'prepackaged' | 'emergence' | 'plan_of_liquidation' | 'dissolution' | 'formal_alternatives' | 'sale_process' | 'buyback_authorization' | 'special_dividend' | 'recapitalization' | 'rights_offering' | 'public_offering' | 'private_placement' | 'pipe' | 'atm_program' | 'ipo' | 'extension' | 'trust_liquidation' | 'forced' | 'voluntary' | 'uplisting' | 'otc_relisting' | 'won' | 'lost' | 'settled' | 'ceo' | 'cfo' | 'chair' | 'board' | 'redomiciliation', nullable, required
    - `status` 'rumored' | 'announced' | 'pending' | 'completed' | 'terminated' | 'expired', required
    - `statusUpdatedAt` string, required
    - `ticker` string, nullable, required
    - `cik` string, required
    - `entityName` string, required
    - `exchange` string, nullable
    - `country` string, nullable
    - `sector` string, nullable
    - `figi` string, nullable
    - `industry` string, nullable
    - `website` string, nullable
    - `headline` string, required
    - `summaryMd` string, nullable
    - `businessProfile` string, nullable
    - `terms` object, required
      - `counterparty` string, nullable
      - `counterpartyTicker` string, nullable
      - `stakePct` number, nullable
      - `dealValueUsd` number, nullable
      - `pricePerShare` number, nullable
      - `considerationType` 'cash' | 'stock' | 'mixed' | 'unspecified', nullable
      - `premiumPct` number, nullable
    - `keyDates` object, required
      - `announced` string, nullable, required
      - `record` string, nullable
      - `vote` string, nullable
      - `expiry` string, nullable
      - `expectedClose` string, nullable
      - `completed` string, nullable
      - `terminated` string, nullable
    - `market` object, required
      - `price` number, nullable
      - `marketCapUsd` number, nullable
      - `marketCapBucket` 'nano' | 'micro' | 'small' | 'mid' | 'large' | 'mega', nullable
      - `enterpriseValueUsd` number, nullable
      - `asOf` string, nullable
    - `sourceAccessions` string[], required
    - `eventCount` integer, required
    - `latestEventAt` string, nullable, required
    - `verification` object, required
      - `sourceSpan` string, nullable
      - `extractionTraceId` string, nullable
      - `confidence` number, nullable
      - `crossValidations` object[], required
        - `name` string, required
        - `passed` boolean, required
        - `expected` unknown
        - `actual` unknown
        - `deviation` number, nullable
      - `modelVersion` string, nullable
      - `verifiedAt` string, nullable
    - `provenance` object, required
      - `source` string, required
      - `sourceLabel` string
      - `sourceAgency` string
      - `canonicality` string
      - `fallbackPolicy` string
      - `accessionNumber` string, nullable, required
      - `filingUrl` string, uri, required
      - `acceptedAt` string, nullable
      - `retrievedAt` string, required
      - `parserVersion` string, required
    - `freshness` object
      - `status` 'fresh' | 'current' | 'archival' | 'stale' | 'degraded' | 'unknown', required
      - `asOf` string, required
      - `sourcePublishedAt` string, nullable
      - `lagMs` integer, nullable
      - `synthetic` boolean
    - `materialization` object
      - `parserVersion` string, required
      - `materializationVersion` string, required
    - `sourceRights` object, required
      - `source` string, required
      - `sourceLabel` string
      - `sourceAgency` string
      - `canonicality` string
      - `fallbackPolicy` string
      - `posture` 'public_safe' | 'contract_gated' | 'internal_only' | 'inventory_only' | 'review_required', required
      - `publicAvailability` 'public' | 'contract_gated' | 'internal_only' | 'inventory_only', required
      - `contractStatus` 'approved' | 'review_required' | 'restricted' | 'prohibited' | 'expired', required
      - `reviewOwner` string, nullable
      - `reviewedAt` string, nullable
      - `restrictions` string[], required
      - `notes` string, nullable
    - `methodology` object
      - `id` string, required
      - `version` string, required
      - `summary` string, required
      - `confidence` 'high' | 'medium' | 'low', required
      - `launchState` 'experimental' | 'beta' | 'ga', required
      - `inputs` string[], required
      - `validation` object
    - `revision` object
      - `sourcePublishedAt` string, nullable
      - `retrievedAt` string, required
      - `vintageId` string, nullable
      - `revisedFrom` string, nullable
    - `degradedState` object, nullable
      - `code` string, required
      - `message` string, required
      - `retryable` boolean, required
      - `missingCapabilities` string[], required
      - `fallbackUsed` string[], required
    - `events` object[], required
      - `object` 'situation_event', required
      - `id` string, required
      - `createdAt` string, required
      - `livemode` boolean, required
      - `situationId` string, required
      - `occurredAt` string, required
      - `accessionNumber` string, required
      - `formType` string, required
      - `eightKItems` string[], required
      - `category` 'merger_acquisition' | 'tender_offer' | 'going_private' | 'spin_off' | 'divestiture' | 'activist_activity' | 'restructuring' | 'bankruptcy' | 'liquidation' | 'strategic_review' | 'capital_return' | 'securities_offering' | 'delisting_action' | 'relisting_action' | 'legal_dispute' | 'management_change' | 'domicile_change' | 'insider_transaction' | 'financial_distress' | 'payment_default' | 'credit_rating' | 'capital_structure' | 'dividend_policy' | 'accounting_change' | 'auditor_change' | 'investment' | 'ipo' | 'earnings_report' | 'earnings_call' | 'guidance_update' | 'investor_conference' | 'expansion' | 'contract_award' | 'product_launch' | 'regulatory_inspection' | 'operational_disruption' | 'labor_issue' | 'name_change' | 'other', nullable, required
      - `title` string, required
      - `summaryMd` string, nullable
      - `statusBefore` 'rumored' | 'announced' | 'pending' | 'completed' | 'terminated' | 'expired', nullable, required
      - `statusAfter` 'rumored' | 'announced' | 'pending' | 'completed' | 'terminated' | 'expired', nullable, required
      - `documentUrl` string, uri, nullable, required
      - `verification` object, required
        - `sourceSpan` string, nullable
        - `extractionTraceId` string, nullable
        - `confidence` number, nullable
        - `crossValidations` object[], required
          - `name` string, required
          - `passed` boolean, required
          - `expected` unknown
          - `actual` unknown
          - `deviation` number, nullable
        - `modelVersion` string, nullable
        - `verifiedAt` string, nullable
  - `markdown` string, required: Source-cited Markdown Copy-for-LLM brief generated from the canonical situation detail.

## Other responses

- `default`: Contract-aware error response

---

[API](https://skmtc.dev/turos/apis/turos-api.md) · [All operations](https://skmtc.dev/turos/apis/turos-api/llms.txt) · [OpenAPI document](https://skmtc.dev/turos/apis/turos-api/revisions/a68d3ec80a56?raw)
