Existing contracts require Southern Company to post up to $3.7 billion in collateral if its credit rating falls to non-investment grade (BB+/Ba1). This massive financial risk creates significant pressure to improve financial performance and risk management, opening doors for solutions in financial planning, analytics, and operational efficiency.
Filing excerpt
There are certain contracts that could require collateral, but not accelerated payment, in the event of a credit rating change of certain Registrants to BBB and/or Baa2 or below.
What this signalsFilings often name leadership changes, deals and spending plans.
sec-10qmajorContractLossGet every 10-Q signal for Southern Company and the companies you sell to, in the tools you already use.
Connect Autobound to Claude, Claude Code or Cursor with MCP. Then ask: “What changed at Southern Company this week?”
The Signal API returns 10-Q signals for any list of companies as JSON, for your CRM, warehouse or app.
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This page shows a preview. The full sec-10q record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.
Company
linkedin_urlValue in the APIindustriesValue in the APIemployee_count_lowValue in the APIemployee_count_highValue in the APIrevenueValue in the APIdescriptionValue in the APISignal
signal_nameValue in the APIassociationValue in the APIGET /v1/signals/cded62cf-efd3-4c92-a936-0fa3f229d95c returns this record as JSON. POST /v1/companies/enrich returns every signal for southerncompany.com.
{
"signal_id": "cded62cf-efd3-4c92-a936-0fa3f229d95c",
"signal_type": "sec-10q",
"signal_subtype": "majorContractLoss",
"detected_at": "2026-08-04T07:07:15.898+00:00",
"company": {
"name": "Southern Company",
"domain": "southerncompany.com"
},
"data": {
"detail": "Existing contracts require Southern Company to post up to $3.7 billion in collateral if its credit rating falls to non-investment grade (BB+/Ba1). This massive financial risk creates significant pressure to improve financial performance and risk management, opening doors for solutions in financial planning, analytics, and operational efficiency.",
"metrics": {
"timeframe": "current_quarter",
"dollar_context": "Potential collateral required upon credit downgrade to BB+/Ba1 or below",
"dollar_millions": 3723
},
"summary": "Southern Company discloses $3.7B collateral risk tied to potential credit downgrade",
"excerpts": "There are certain contracts that could require collateral, but not accelerated payment, in the event of a credit rating change of certain Registrants to BBB and/or Baa2 or below.",
"relevance": 0.9,
"sentiment": "negative",
"confidence": "high",
"source_url": "https://www.sec.gov/Archives/edgar/data/3153/000009212226000054/so-20260630.htm",
"filing_date": "2026-07-29",
"filing_year": 2026,
"fiscal_year": 0,
"fiscal_year_end": "06/30",
"sales_relevance": "Urgency to improve",
"signal_category": "revenue"
}
}
curl https://signals.autobound.ai/v1/signals/cded62cf-efd3-4c92-a936-0fa3f229d95c \
-H "X-API-KEY: $AUTOBOUND_API_KEY"curl -X POST https://signals.autobound.ai/v1/companies/enrich \
-H "X-API-KEY: $AUTOBOUND_API_KEY" \
-H "Content-Type: application/json" \
-d '{"domain":"southerncompany.com","limit":20}'Long text fields are shortened on this page.
Looking up one signal by its id is free. Enrich costs 2 credits per signal returned; a call with no results is free.