{
  "ticker": "NL",
  "company": "NL Industries, Inc.",
  "cik": "0000072162",
  "exchange": null,
  "gics_sector": "Industrials",
  "industry": "Industrials",
  "logo_url": null,
  "from_state": "NJ",
  "to_state": "DE",
  "effective_date_iso": null,
  "actual_effective_date_iso": null,
  "proposed_effective_date_iso": null,
  "source_confidence": null,
  "is_legal_precedent": 0,
  "vote_mechanism": "MEETING",
  "approval_basis": "For \u00f7 outstanding voting power (NJ BCA merger)",
  "threshold_result": null,
  "event_type": null,
  "two_attempt_flag": 0,
  "prior_failed_vote_flag": 0,
  "governance_concession_redo_flag": 0,
  "subsequent_event_flag": 0,
  "subsequent_event_type": null,
  "subsequent_event_date_iso": null,
  "subsequent_event_note": null,
  "public_tier": "VERIFIED_TRACKER",
  "event_study_announcement_json": "{\"event_date\":\"2026-03-16\",\"event_kind\":\"announcement\",\"event_tag\":\"announcement\",\"t0_source_field\":\"announcement_date_iso\",\"estimation_window\":\"trailing 240 days; 240 valid after NaN drop\",\"specifications\":[{\"name\":\"Market model (SPY benchmark)\",\"day0_ar\":-0.03251833111518743,\"p_value\":0.266099630541508,\"p_label\":\"Patell-z p-value\",\"extra\":{\"alpha\":-0.000913102338651213,\"beta\":0.807853089014118,\"r2\":0.09891493029688692,\"sigma\":0.029142973280222546},\"is_headline\":true}],\"_meta\":{\"n_valid_pre_days\":240},\"_source\":\"Source B: phase4v3 NaN-safe runner (1 spec, 2026-04-29 yfinance pull); Source A unavailable for this firm; joined by phase5z_join_full_battery.py\"}",
  "announcement_date_iso": "2026-03-15",
  "meeting_date_iso": "2026-05-14",
  "vote_result": "SCHEDULED",
  "status_label": "SCHEDULED \u2014 REVERSE-FLOW COMPARATOR",
  "market_cap_usdmm": 290.0,
  "bucket_class": "Y",
  "public_bucket_code": "Y",
  "public_bucket_label": "Comparator (DE-outbound to non-TX/NV)",
  "public_bucket_subcode": null,
  "panel_eligibility": "EXCLUDED_HISTORICAL_OOS",
  "transaction_status": "PENDING",
  "audit_status": "PENDING_TRANSACTION",
  "audit_notes": "| v2.9: NJ\u2192DE, moved from Bucket D to Bucket Z (not TX/NV-relevant) | [2026-04-29] v3.83: ENABLED as REVERSE-FLOW COMPARATOR (Bucket Y) \u2014 flag 0\u21921. Annual meeting May 14, 2026 includes Proposal 3 \u2014 plan of merger changing NL's domicile FROM New Jersey INTO Delaware. OPPOSITE of the DExit thesis (Delaware-inbound).",
  "edgar_accession": null,
  "edgar_accession_note": null,
  "links": [],
  "car": {},
  "votes_for": null,
  "votes_against": null,
  "votes_abstain": null,
  "votes_broker_nonvote": null,
  "approval_pct": null,
  "votes_for_disinterested": null,
  "votes_against_disinterested": null,
  "votes_abstain_disinterested": null,
  "votes_broker_nonvote_disinterested": null,
  "approval_pct_disinterested": null,
  "approval_basis_disinterested": null,
  "announcement_PRE_14A_accession": null,
  "announcement_PRE_14A_url": null,
  "vote_source_8k_accession": null,
  "vote_source_8k_url": null,
  "vote_proposal_title": null,
  "meeting_type": null,
  "approval_standard": "majority of outstanding voting power (NJ BCA \u00a714A:10-3 \u2014 provisional pending DEF 14A pincite)",
  "companion_proposal": null,
  "proxy_advisors": null,
  "management_response": null,
  "press_coverage": [],
  "prior_vote": null,
  "panel_a_tx_incumbent": 0,
  "panel_b_dexit_mover": 0,
  "texas_statutory_adoptions": {
    "tboc_21_552": {
      "name": "SB 29 \u2014 TBOC \u00a721.552 derivative threshold",
      "adopted": 0,
      "source": null,
      "url": null,
      "date": null
    },
    "tboc_21_373": {
      "name": "SB 1057 \u2014 TBOC \u00a721.373 shareholder-proposal threshold",
      "adopted": null,
      "source": null,
      "url": null,
      "date": null
    }
  },
  "announcement_source_type": null,
  "announcement_accession_verified": "N",
  "date_quality_flag": "LOW",
  "_evidence_strength": {
    "badge": "FORTHCOMING",
    "score": 0,
    "max": 100,
    "components": {
      "source_confidence": 0,
      "vote_totals": 0,
      "effective_date": 0,
      "car_estimate": 0,
      "edgar_accession": 0
    }
  },
  "_context_callout": "Standard cohort firm (Scheduled \u2014 Reverse-Flow Comparator). Included for breadth across destinations and sectors.",
  "_generated_at": "2026-04-30"
}