{"version":"company-facts.v1","source":"https://secwatch.observer","generated_at":"2026-07-11T06:04:42.770508+00:00","company":{"ticker":"AIFC","cik":862861,"company_name":"AI Financial Corp"},"pagination":{"limit":100,"returned":46,"next_cursor":null},"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer","counterparties":{"contract_counterparty":[{"display_name":"Isaac Capital Group LLC","detail":"credit_facility","count":4,"first_seen":"2024-02-08T23:59:59+00:00","last_seen":"2024-02-09T23:59:59+00:00","evidence_fact_ids":[76078,76080,76447,76449]},{"display_name":"Live Ventures Incorporated","detail":"other","count":4,"first_seen":"2024-02-08T23:59:59+00:00","last_seen":"2024-02-09T23:59:59+00:00","evidence_fact_ids":[76079,76081,76448,76450]},{"display_name":"VM7 Corporation","detail":"asset_purchase","count":2,"first_seen":"2023-03-15T23:59:59+00:00","last_seen":"2023-03-20T23:59:59+00:00","evidence_fact_ids":[170959,171844]},{"display_name":"Block Street Corp.","detail":"equity_purchase","count":1,"first_seen":"2026-04-24T23:59:59+00:00","last_seen":"2026-04-24T23:59:59+00:00","evidence_fact_ids":[22993]},{"display_name":"Decentralized Technologies Inc.","detail":"merger","count":1,"first_seen":"2026-04-24T23:59:59+00:00","last_seen":"2026-04-24T23:59:59+00:00","evidence_fact_ids":[22994]},{"display_name":"STLLC and Amol Soin, M.D.","detail":"merger","count":1,"first_seen":"2023-01-04T23:59:59+00:00","last_seen":"2023-01-04T23:59:59+00:00","evidence_fact_ids":[188064]},{"display_name":"two otherwise unaffiliated third-party investors","detail":"equity_purchase","count":1,"first_seen":"2024-02-28T23:59:59+00:00","last_seen":"2024-02-28T23:59:59+00:00","evidence_fact_ids":[71340]}],"lender":[{"display_name":"World Liberty Financial LLC","detail":"loan","count":1,"first_seen":"2026-02-02T23:59:59+00:00","last_seen":"2026-02-02T23:59:59+00:00","evidence_fact_ids":[34422]}]},"facts":[{"fact_type":"governance_change","fact_key":"cc9bb39bcd3a60ab85c5274d124d4ffb6390915e","cik":862861,"ticker":"AIFC","company_name":"AI Financial Corp","filed_at":"2026-05-04T23:59:59+00:00","payload":{"change_type":"charter_amendment","effective_date":"2026-04-28","item_codes_triggered":["5.03"],"summary_text":"Changed corporate name from ALT5 Sigma Corporation to AI Financial Corporation via a short-form merger."},"claim":"AI Financial Corp: Changed corporate name from ALT5 Sigma Corporation to AI Financial Corporation via a short-form merger (effective 2026-04-28).","evidence_excerpt":"ALT5 Sigma Corporation (the “Company”, “we”, “our”, or “us”) changed its corporate name from ALT5 Sigma Corporation to AI Financial Corporation on April 28, 2026, as of 11:59 pm PDT.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001493152-26-020950","anchor_url":"https://secwatch.observer/filing/0001493152-26-020950#claim-cc9bb39bcd3a60ab85c5274d124d4ffb6390915e","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/862861/000149315226020950/0001493152-26-020950-index.htm"},{"fact_type":"material_agreement","fact_key":"3534700f5aa825ef24f35fdc25ff56db415b20e9","cik":862861,"ticker":"AIFC","company_name":"AI Financial Corp","filed_at":"2026-04-24T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Binding Letter of Intent","agreement_type":"merger","counterparty":"Decentralized Technologies Inc. (Dectec)","effective_date":"2026-04-20","item_codes_triggered":["1.01"],"value_text":"Initial issuance of four million shares of common stock, with up to four million additional shares c"},"claim":"AI Financial Corp entered into Binding Letter of Intent with Decentralized Technologies Inc. (Dectec) valued at Initial issuance of four million shares of common stock, with up to four million additional shares c (effective 2026-04-20).","evidence_excerpt":"On April 20, 2026, we also entered into binding letter of intent with the Decentralized Technologies Inc. (“Dectec”), pursuant to which we will acquire all of the issued and outstanding shares of capital stock of Dectec and will issue four million shares of our Common Stock (the “Initial Issuance”) to the equity holders of Dectec.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001493152-26-018994","anchor_url":"https://secwatch.observer/filing/0001493152-26-018994#claim-3534700f5aa825ef24f35fdc25ff56db415b20e9","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/862861/000149315226018994/0001493152-26-018994-index.htm"},{"fact_type":"material_agreement","fact_key":"faacddacc4e8445cb8ebdf6ce6b0e38b416c6227","cik":862861,"ticker":"AIFC","company_name":"AI Financial Corp","filed_at":"2026-04-24T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Stock Exchange Agreement","agreement_type":"equity_purchase","counterparty":"Block Street Corp.","effective_date":"2026-04-20","item_codes_triggered":["1.01"],"value_text":"12,670,257 shares of common stock valued at $12 million plus warrants"},"claim":"AI Financial Corp entered into Stock Exchange Agreement with Block Street Corp. valued at 12,670,257 shares of common stock valued at $12 million plus warrants (effective 2026-04-20).","evidence_excerpt":"On April 20, 2026, ALT5 Sigma Corporation (the “Company”, “we”, “our”, or “us”) entered into a Stock Exchange Agreement (the “SEA”) with the four owners of Block Street Corp., a Nevada corporation (“Block Street”).","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001493152-26-018994","anchor_url":"https://secwatch.observer/filing/0001493152-26-018994#claim-faacddacc4e8445cb8ebdf6ce6b0e38b416c6227","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/862861/000149315226018994/0001493152-26-018994-index.htm"},{"fact_type":"debt_financing","fact_key":"8c31bc4226f1607251079390ec99bd59b891dbc8","cik":862861,"ticker":"AIFC","company_name":"AI Financial Corp","filed_at":"2026-02-02T23:59:59+00:00","payload":{"counterparty":"World Liberty Financial LLC","effective_date":"2026-01-29","event":"incurrence","instrument_type":"loan","interest_rate_text":"4.50% per annum","item_codes_triggered":["2.03"],"maturity_text":"24 months from the closing date of the initial loan","principal_text":"$15 million"},"claim":"AI Financial Corp incurred loan of $15 million with World Liberty Financial LLC at 4.50% per annum maturing 24 months from the closing date of the initial loan.","evidence_excerpt":"”) with World Liberty Financial LLC (“ WLFI ” or the “ Lender ”).\nThe Loan Agreement provides for collateralized loans to ALT5 Digital in the aggregate principal amount of $15 million. Pursuant\nto the Loan Agreement, the loan will accrue interest at a rate of 4.50% per annum, payable annually in advance beginning on the applicable\nclosing date. The principal","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001493152-26-004616","anchor_url":"https://secwatch.observer/filing/0001493152-26-004616#claim-8c31bc4226f1607251079390ec99bd59b891dbc8","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/862861/000149315226004616/0001493152-26-004616-index.htm"},{"fact_type":"auditor_change","fact_key":"cf3934a2fffd039d59eb6d9edb05ad9c47924115","cik":862861,"ticker":"AIFC","company_name":"AI Financial Corp","filed_at":"2025-12-29T23:59:59+00:00","payload":{"action":"engagement","auditor_name":"L J Soldinger Associates, LLC","disagreement_text":null,"effective_date":"2025-12-25","item_codes_triggered":["4.01"],"non_reliance_signal":"none","successor_auditor_name":null},"claim":"AI Financial Corp engaged L J Soldinger Associates, LLC as its auditor.","evidence_excerpt":"On December 25, 2025, the Committee approved the engagement of L J Soldinger Associates, LLC (“Soldinger”), as the Company’s independent registered public accounting firm for the fiscal year ended December 27, 2025, effective immediately.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001493152-25-029269","anchor_url":"https://secwatch.observer/filing/0001493152-25-029269#claim-cf3934a2fffd039d59eb6d9edb05ad9c47924115","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/862861/000149315225029269/0001493152-25-029269-index.htm"},{"fact_type":"auditor_change","fact_key":"d56c42a48189265ea842b82fc3b0a6401b33399f","cik":862861,"ticker":"AIFC","company_name":"AI Financial Corp","filed_at":"2025-12-29T23:59:59+00:00","payload":{"action":"dismissal","auditor_name":"Victor Mokuolu, CPA PLLC","disagreement_text":null,"effective_date":"2025-12-25","item_codes_triggered":["4.01"],"non_reliance_signal":"none","successor_auditor_name":null},"claim":"AI Financial Corp dismissed Victor Mokuolu, CPA PLLC as its auditor.","evidence_excerpt":"On December 25, 2025, the Audit Committee (the “Committee”) of the Board of Directors of ALT5 Sigma Corporation (the “Company”) dismissed Victor Mokuolu, CPA PLLC (“VM”) as the Company’s independent registered public accounting firm.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001493152-25-029269","anchor_url":"https://secwatch.observer/filing/0001493152-25-029269#claim-d56c42a48189265ea842b82fc3b0a6401b33399f","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/862861/000149315225029269/0001493152-25-029269-index.htm"},{"fact_type":"auditor_change","fact_key":"cfc7496176abff44fc3a88526e3cee45721fc93a","cik":862861,"ticker":"AIFC","company_name":"AI Financial Corp","filed_at":"2025-12-09T23:59:59+00:00","payload":{"action":"engagement","auditor_name":"Victor Mokuolo, CPA PLLC","disagreement_text":null,"effective_date":"2025-12-08","item_codes_triggered":["4.01"],"non_reliance_signal":"none","successor_auditor_name":null},"claim":"AI Financial Corp engaged Victor Mokuolo, CPA PLLC as its auditor.","evidence_excerpt":"Effective December 8, 2025, the Audit Committee approved the appointment of Victor Mokuolo, CPA PLLC (“VM”) as the Company’s new independent registered public accounting firm for the fiscal year ending December 27, 2025.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001493152-25-026752","anchor_url":"https://secwatch.observer/filing/0001493152-25-026752#claim-cfc7496176abff44fc3a88526e3cee45721fc93a","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/862861/000149315225026752/0001493152-25-026752-index.htm"},{"fact_type":"exchange_compliance_notice","fact_key":"4f73c1247bc60d41d9c45ed948578da95eb8d105","cik":862861,"ticker":"AIFC","company_name":"AI Financial 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that the Company have\nan Audit Committee that has at least three members, each of whom must (i) be an independent, (ii) meet the criteria for independence\nset forth in Rule 10A-3(b)(1) under the Securities Exchange Act of 1934, as a","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001493152-25-026011","anchor_url":"https://secwatch.observer/filing/0001493152-25-026011#claim-4f73c1247bc60d41d9c45ed948578da95eb8d105","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/862861/000149315225026011/0001493152-25-026011-index.htm"},{"fact_type":"auditor_change","fact_key":"31deee86a3cd77e58cc47648ac28f170e541c0bd","cik":862861,"ticker":"AIFC","company_name":"AI Financial Corp","filed_at":"2025-11-28T23:59:59+00:00","payload":{"action":"resignation","auditor_name":"Hudgens CPA, PLLC","disagreement_text":null,"effective_date":"2025-11-21","item_codes_triggered":["4.01"],"non_reliance_signal":"none","successor_auditor_name":null},"claim":"Hudgens CPA, PLLC resigned as auditor of AI Financial Corp.","evidence_excerpt":"On November 21, 2025, Hudgens CPA, PLLC (“ Hudgens ”) informed ALT5 Sigma Corporation (the “ Company ”) that the sole partner in Hudgens was retiring and effective immediately, Hudgens resigned as the Company’s independent registered public accounting firm.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001493152-25-025392","anchor_url":"https://secwatch.observer/filing/0001493152-25-025392#claim-31deee86a3cd77e58cc47648ac28f170e541c0bd","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/862861/000149315225025392/0001493152-25-025392-index.htm"},{"fact_type":"governance_change","fact_key":"1d4277e305d3451d687ab087550092d77281fca1","cik":862861,"ticker":"AIFC","company_name":"AI Financial Corp","filed_at":"2025-08-29T23:59:59+00:00","payload":{"change_type":"bylaw_amendment","effective_date":"2025-08-27","item_codes_triggered":["5.03"],"summary_text":"Lowered quorum requirement from majority to 33 1/3% of shares outstanding and entitled to vote"},"claim":"AI Financial Corp: Lowered quorum requirement from majority to 33 1/3% of shares outstanding and entitled to vote (effective 2025-08-27).","evidence_excerpt":"the amendment lowers the quorum requirement contained in Section 2.4 of the Bylaws to provide that holders of thirty-three and one-third percent of the shares outstanding and entitled to vote at a meeting of stockholders, represented either in person or by proxy, shall constitute a quorum for the transaction of business","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001641172-25-026082","anchor_url":"https://secwatch.observer/filing/0001641172-25-026082#claim-1d4277e305d3451d687ab087550092d77281fca1","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/862861/000164117225026082/0001641172-25-026082-index.htm"},{"fact_type":"governance_change","fact_key":"9cfe39c4e42a9a7a35714bb2d8969cdb6fd01f55","cik":862861,"ticker":"AIFC","company_name":"AI Financial 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Preferred Stock, and Series I Convertible Preferred Stock (such amended Certificates of Designation, the “Amended Designations”, and, such series of preferred stock collectively, the “Preferred Stock”) to provide voting rights for the holders of the Preferred Stock, such that each share of Preferred Stock votes at the rate of one vote per shares.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001641172-25-022905","anchor_url":"https://secwatch.observer/filing/0001641172-25-022905#claim-9cfe39c4e42a9a7a35714bb2d8969cdb6fd01f55","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/862861/000164117225022905/0001641172-25-022905-index.htm"},{"fact_type":"executive_change","fact_key":"b73c2caf56","cik":862861,"ticker":"AIFC","company_name":"AI Financial Corp","filed_at":"2024-08-30T23:59:59+00:00","payload":{"action":"step down","action_category":"role_change","departure_tone":"routine","effective_date":"2024-09-16","interim":false,"role":"President and Chairman","role_category":"president","successor_name":"Peter Tassiopoulos","successor_named":true},"claim":"Tony Isaac changed role as President and Chairman at AI Financial Corp.","evidence_excerpt":"Tony Isaac will step down as our Chief Executive Officer effective as of the Start Date. Tony will continue to serve as our President and will continue to serve as our Chairman on the Board of Directors (our “Board”).","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0001628280-24-038941","anchor_url":"https://secwatch.observer/filing/0001628280-24-038941#claim-b73c2caf56","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/862861/000162828024038941/0001628280-24-038941-index.htm"},{"fact_type":"executive_change","fact_key":"c040efbae6","cik":862861,"ticker":"AIFC","company_name":"AI Financial Corp","filed_at":"2024-08-30T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2024-09-16","interim":false,"role":"Chief Executive Officer","role_category":"ceo","successor_name":null,"successor_named":false},"claim":"Peter Tassiopoulos was appointed as Chief Executive Officer at AI Financial Corp.","evidence_excerpt":"appointed Peter Tassiopoulos to serve as our Chief Executive Officer, effective September 16, 2024","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0001628280-24-038941","anchor_url":"https://secwatch.observer/filing/0001628280-24-038941#claim-c040efbae6","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/862861/000162828024038941/0001628280-24-038941-index.htm"},{"fact_type":"material_agreement","fact_key":"63d430d2cf80d2ea5f9b2bc044046a5722ec32ad","cik":862861,"ticker":"AIFC","company_name":"AI Financial Corp","filed_at":"2024-05-06T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Securities Purchase Agreement","agreement_type":"equity_purchase","counterparty":"two certain institutional investors","effective_date":"2024-05-01","item_codes_triggered":["1.01"],"value_text":"approximately $300,000"},"claim":"AI Financial Corp entered into Securities Purchase Agreement with two certain institutional investors valued at approximately $300,000 (effective 2024-05-01).","evidence_excerpt":"On May 1, 2024, JanOne Inc. (the “ Company ” or “ our ”) entered into a Securities Purchase Agreement (the “ Purchase Agreement ”) with two certain institutional investors (the “ Investors ”) for the sale by the Company in a registered direct offering priced at-the-market under the rules of The Nasdaq Stock Market (the “ Offering ”) of 79,782 units (the “ Units ”) of the Company’s securities, each Unit consisting of one share of our common stock, par value $0.001 per share (“ Common Stock ”), and one common stock purchase warrant for the purchase of an additional share of Common Stock (“ Warrants ”), at a purchase price of $3.775 per Unit.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001493152-24-017936","anchor_url":"https://secwatch.observer/filing/0001493152-24-017936#claim-63d430d2cf80d2ea5f9b2bc044046a5722ec32ad","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/862861/000149315224017936/0001493152-24-017936-index.htm"},{"fact_type":"exchange_compliance_notice","fact_key":"44e89ccba429a86339d990141c43a70f83b24c0b","cik":862861,"ticker":"AIFC","company_name":"AI Financial Corp","filed_at":"2024-04-22T23:59:59+00:00","payload":{"company_response":"intends to submit a plan to regain compliance","compliance_status":"plan_due","cure_deadline":null,"deficiency_type":"stockholders_equity","delisting_effective_date":null,"exchange":"nasdaq","hearing_date":null,"immediate_listing_effect":null,"minimum_requirement":"$2,500,000","notice_date":"2024-04-16","notice_type":"deficiency_notice","plan_due_date":null,"raw_rule_text":"Listing Rule 5550(b)(1) that requires the Company to maintain a minimum of $2,500,000 in stockholders’ equity","reported_value":null,"rule_numbers":["5550(b)(1)"],"rules_cited_in_text":true},"claim":"AI Financial Corp received a nasdaq deficiency notice notice regarding stockholders equity (rules 5550(b)(1)).","evidence_excerpt":"April 16, 2024, JanOne Inc. (the “Company”) received a notice (the “Nasdaq Notice”) from The NASDAQ Stock Market (“Nasdaq”) that the Company does not presently comply with Nasdaq’s Listing Rule 5550(b)(1) that requires the Company to maintain a minimum of $2,500,000 in stockholders’ equity for continued listing. The Nasdaq Notice does not have any immediate effect on the listing of the Company’s common stock on the Nasdaq Capital Market and the Company has 45 calendar days from the date of the Nasdaq Notice to submit a plan to Nasdaq to regain compliance with Nasdaq’s continued listing rules.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001628280-24-017126","anchor_url":"https://secwatch.observer/filing/0001628280-24-017126#claim-44e89ccba429a86339d990141c43a70f83b24c0b","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/862861/000162828024017126/0001628280-24-017126-index.htm"},{"fact_type":"exchange_compliance_notice","fact_key":"b6104d7360cf3460f9ef6ed47e137ca87e25961c","cik":862861,"ticker":"AIFC","company_name":"AI Financial Corp","filed_at":"2024-03-15T23:59:59+00:00","payload":{"company_response":null,"compliance_status":"regained_compliance","cure_deadline":null,"deficiency_type":"minimum_bid_price","delisting_effective_date":null,"exchange":"nasdaq","hearing_date":null,"immediate_listing_effect":null,"minimum_requirement":null,"notice_date":"2024-03-13","notice_type":"compliance_regained","plan_due_date":null,"raw_rule_text":null,"reported_value":null,"rule_numbers":["5550(a)(2)"],"rules_cited_in_text":true},"claim":"AI Financial Corp received a nasdaq compliance regained notice regarding minimum bid price (rules 5550(a)(2)).","evidence_excerpt":"March 13, 2024 (the date of this Current Report on Form 8-K), JanOne Inc. (“we” or “us”) presently complies with Nasdaq Listing Rule 5550(a)(2) that requires us to maintain a minimum bid price of $1.00 per share. As previously reported, on September 11, 2023, we received a notice (the “Deficiency Notice”) from The Nasdaq Stock Market (“Nasdaq”), indicating that our common stock failed to maintain a minimum bid price of $1.00 per share over the previous 30 consecutive business days as required by the Nasdaq Listing Rules. 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(the “ Company ”) entered into Unit Purchase Agreements (each, a “ Purchase Agreement ”) with two otherwise unaffiliated third-party investors (the “ Investors ”), pursuant to which each Investor agreed to purchase 408,163 units of securities from the Company (the “ Units ”), at a price per Unit of $0.735, for an aggregate purchase price of $300,000 per investor for an aggregate price of $600,000 (the “ Unit Purchases ”).","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001628280-24-007613","anchor_url":"https://secwatch.observer/filing/0001628280-24-007613#claim-b31e9985b0f48f41c991a72ed0e5160f4fc74399","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/862861/000162828024007613/0001628280-24-007613-index.htm"},{"fact_type":"material_agreement","fact_key":"1f03069dd29f255e0a24cad342a067f28b7945fe","cik":862861,"ticker":"AIFC","company_name":"AI Financial Corp","filed_at":"2024-02-09T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Promissory Note","agreement_type":"other","counterparty":"Live Ventures Incorporated","effective_date":"2024-02-07","item_codes_triggered":["1.01"],"value_text":"$300,000"},"claim":"AI Financial Corp entered into Promissory Note with Live Ventures Incorporated valued at $300,000 (effective 2024-02-07).","evidence_excerpt":"On February 7, 2024, the Company entered into a promissory note with each of the holders of the amended promissory notes. The initial principal amount of each note is $300,000","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001628280-24-004028","anchor_url":"https://secwatch.observer/filing/0001628280-24-004028#claim-1f03069dd29f255e0a24cad342a067f28b7945fe","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/862861/000162828024004028/0001628280-24-004028-index.htm"},{"fact_type":"material_agreement","fact_key":"2c8070b37696a65a099763ba9e75fa08b998c95e","cik":862861,"ticker":"AIFC","company_name":"AI Financial Corp","filed_at":"2024-02-09T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Promissory Note","agreement_type":"other","counterparty":"Isaac Capital Group LLC","effective_date":"2024-02-07","item_codes_triggered":["1.01"],"value_text":"$300,000"},"claim":"AI Financial Corp entered into Promissory Note with Isaac Capital Group LLC valued at $300,000 (effective 2024-02-07).","evidence_excerpt":"On February 7, 2024, the Company entered into a promissory note with each of the holders of the amended promissory notes. The initial principal amount of each note is $300,000","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001628280-24-004028","anchor_url":"https://secwatch.observer/filing/0001628280-24-004028#claim-2c8070b37696a65a099763ba9e75fa08b998c95e","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/862861/000162828024004028/0001628280-24-004028-index.htm"},{"fact_type":"material_agreement","fact_key":"2ad33b5a22a86e123092320d0b48a989db6910cd","cik":862861,"ticker":"AIFC","company_name":"AI Financial Corp","filed_at":"2024-02-09T23:59:59+00:00","payload":{"action":"amendment","agreement_name":"First Amendment to Promissory Note","agreement_type":"other","counterparty":"Live Ventures Incorporated","effective_date":"2024-02-07","item_codes_triggered":["1.01"],"value_text":null},"claim":"AI Financial Corp amended First Amendment to Promissory Note with Live Ventures Incorporated (effective 2024-02-07).","evidence_excerpt":"On February 7, 2024, JanOne Inc. (the “Company”) amended two of its outstanding promissory obligations to add convertibility provisions to each.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001628280-24-004028","anchor_url":"https://secwatch.observer/filing/0001628280-24-004028#claim-2ad33b5a22a86e123092320d0b48a989db6910cd","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/862861/000162828024004028/0001628280-24-004028-index.htm"},{"fact_type":"material_agreement","fact_key":"ac72bf9cb7b9a00689ad823a25a49dba1250c2bb","cik":862861,"ticker":"AIFC","company_name":"AI Financial Corp","filed_at":"2024-02-09T23:59:59+00:00","payload":{"action":"amendment","agreement_name":"Fourth Amendment to Secured Revolving Line of Credit","agreement_type":"credit_facility","counterparty":"Isaac Capital Group LLC","effective_date":"2024-02-07","item_codes_triggered":["1.01"],"value_text":null},"claim":"AI Financial Corp amended Fourth Amendment to Secured Revolving Line of Credit with Isaac Capital Group LLC (effective 2024-02-07).","evidence_excerpt":"On February 7, 2024, JanOne Inc. (the “Company”) amended two of its outstanding promissory obligations to add convertibility provisions to each.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001628280-24-004028","anchor_url":"https://secwatch.observer/filing/0001628280-24-004028#claim-ac72bf9cb7b9a00689ad823a25a49dba1250c2bb","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/862861/000162828024004028/0001628280-24-004028-index.htm"},{"fact_type":"material_agreement","fact_key":"a0641c53cd708a827791d6b174bb4f51d08b1089","cik":862861,"ticker":"AIFC","company_name":"AI Financial Corp","filed_at":"2024-02-08T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Promissory Note","agreement_type":"credit_facility","counterparty":"Live Ventures Incorporated","effective_date":"2024-02-07","item_codes_triggered":["1.01"],"value_text":"$300,000"},"claim":"AI Financial Corp entered into Promissory Note with Live Ventures Incorporated valued at $300,000 (effective 2024-02-07).","evidence_excerpt":"On February 7, 2024, the Company entered into a promissory note with each of the holders of the amended promissory notes. The initial principal amount of each note is $300,000, with an interest rate of 10% per annum.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001628280-24-003865","anchor_url":"https://secwatch.observer/filing/0001628280-24-003865#claim-a0641c53cd708a827791d6b174bb4f51d08b1089","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/862861/000162828024003865/0001628280-24-003865-index.htm"},{"fact_type":"material_agreement","fact_key":"f1313047da8a93d1bb98b0aab4a2a9d6ed489988","cik":862861,"ticker":"AIFC","company_name":"AI Financial Corp","filed_at":"2024-02-08T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Promissory Note","agreement_type":"credit_facility","counterparty":"Isaac Capital Group LLC","effective_date":"2024-02-07","item_codes_triggered":["1.01"],"value_text":"$300,000"},"claim":"AI Financial Corp entered into Promissory Note with Isaac Capital Group LLC valued at $300,000 (effective 2024-02-07).","evidence_excerpt":"On February 7, 2024, the Company entered into a promissory note with each of the holders of the amended promissory notes. The initial principal amount of each note is $300,000, with an interest rate of 10% per annum.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001628280-24-003865","anchor_url":"https://secwatch.observer/filing/0001628280-24-003865#claim-f1313047da8a93d1bb98b0aab4a2a9d6ed489988","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/862861/000162828024003865/0001628280-24-003865-index.htm"},{"fact_type":"material_agreement","fact_key":"e11a9fe4d34b3e2f1509c357c1a557dd9180fe8d","cik":862861,"ticker":"AIFC","company_name":"AI Financial Corp","filed_at":"2024-02-08T23:59:59+00:00","payload":{"action":"amendment","agreement_name":"First Amendment to Promissory Note","agreement_type":"credit_facility","counterparty":"Live Ventures Incorporated","effective_date":"2024-02-07","item_codes_triggered":["1.01"],"value_text":null},"claim":"AI Financial Corp amended First Amendment to Promissory Note with Live Ventures Incorporated (effective 2024-02-07).","evidence_excerpt":"On February 7, 2024, JanOne Inc. (the “Company”) amended two of its outstanding promissory obligations to add convertibility provisions to each.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001628280-24-003865","anchor_url":"https://secwatch.observer/filing/0001628280-24-003865#claim-e11a9fe4d34b3e2f1509c357c1a557dd9180fe8d","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/862861/000162828024003865/0001628280-24-003865-index.htm"},{"fact_type":"material_agreement","fact_key":"6a65bf1505653af125c37348a746076474ec4fe8","cik":862861,"ticker":"AIFC","company_name":"AI Financial Corp","filed_at":"2024-02-08T23:59:59+00:00","payload":{"action":"amendment","agreement_name":"Fourth Amendment to Secured Revolving Line of Credit","agreement_type":"credit_facility","counterparty":"Isaac Capital Group LLC","effective_date":"2024-02-07","item_codes_triggered":["1.01"],"value_text":null},"claim":"AI Financial Corp amended Fourth Amendment to Secured Revolving Line of Credit with Isaac Capital Group LLC (effective 2024-02-07).","evidence_excerpt":"On February 7, 2024, JanOne Inc. (the “Company”) amended two of its outstanding promissory obligations to add convertibility provisions to each.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001628280-24-003865","anchor_url":"https://secwatch.observer/filing/0001628280-24-003865#claim-6a65bf1505653af125c37348a746076474ec4fe8","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/862861/000162828024003865/0001628280-24-003865-index.htm"},{"fact_type":"material_agreement","fact_key":"5cf50b0a2745c8244d6cc06c436781938ddb0430","cik":862861,"ticker":"AIFC","company_name":"AI Financial Corp","filed_at":"2024-01-12T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Purchase Agreement","agreement_type":"equity_purchase","counterparty":"a certain institutional investor","effective_date":"2024-01-12","item_codes_triggered":["1.01"],"value_text":"an aggregate price of $250,000"},"claim":"AI Financial Corp entered into Purchase Agreement with a certain institutional investor valued at an aggregate price of $250,000 (effective 2024-01-12).","evidence_excerpt":"On January 12, 2024, JanOne Inc. (the “ Company ”) entered into a Warrant Purchase Agreement (the “ Purchase Agreement ”) with a certain institutional investor (the “ Investor ”) that had purchased a Common Stock Purchase Warrant (the “Warrant”) on August 22, 2023","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001628280-24-001259","anchor_url":"https://secwatch.observer/filing/0001628280-24-001259#claim-5cf50b0a2745c8244d6cc06c436781938ddb0430","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/862861/000162828024001259/0001628280-24-001259-index.htm"},{"fact_type":"shareholder_vote","fact_key":"4532b7bb2953d999ef5a0df48568d94f7c46d4f7","cik":862861,"ticker":"AIFC","company_name":"AI Financial Corp","filed_at":"2023-10-11T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-10-09","outcome":"passed","proposal_text":"Ratification of Independent Accounting Firm","proposal_type":"auditor_ratification","results":[{"broker_non_votes":"0","subject":null,"votes_abstain":"321,373","votes_against":"73,507","votes_for":"5,510,832","votes_withheld":"0"}]},"claim":"AI Financial Corp shareholders approved Ratification of Independent Accounting Firm at the 2023-10-09 meeting.","evidence_excerpt":"Proposal No. 4 – Ratification of Independent Accounting Firm The Company’s stockholders ratified the appointment of Hudgens CPA, PLLC as the Company’s independent registered public accounting firm for fiscal 2024. Votes For Against Abstain 5,510,832 73,507 321,373","confidence":0.99,"filing_url":"https://secwatch.observer/filing/0001628280-23-034250","anchor_url":"https://secwatch.observer/filing/0001628280-23-034250#claim-4532b7bb2953d999ef5a0df48568d94f7c46d4f7","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/862861/000162828023034250/0001628280-23-034250-index.htm"},{"fact_type":"shareholder_vote","fact_key":"b8257fe60a8ec1d76411bd0773e4ab1a15429444","cik":862861,"ticker":"AIFC","company_name":"AI Financial Corp","filed_at":"2023-10-11T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-10-09","outcome":"passed","proposal_text":"Approval of Nasdaq Preferred Stock Conversion Proposal","proposal_type":"other","results":[{"broker_non_votes":"0","subject":null,"votes_abstain":"16,218","votes_against":"185,155","votes_for":"3,864,729","votes_withheld":"0"}]},"claim":"AI Financial Corp shareholders approved Approval of Nasdaq Preferred Stock Conversion Proposal at the 2023-10-09 meeting.","evidence_excerpt":"Proposal No. 3 – Approval of Nasdaq Preferred Stock Conversion Proposal The Company’s stockholders approved the Nasdaq Preferred Stock Conversion Proposal. Votes For Against Abstain 3,864,729 185,155 16,218","confidence":0.99,"filing_url":"https://secwatch.observer/filing/0001628280-23-034250","anchor_url":"https://secwatch.observer/filing/0001628280-23-034250#claim-b8257fe60a8ec1d76411bd0773e4ab1a15429444","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/862861/000162828023034250/0001628280-23-034250-index.htm"},{"fact_type":"shareholder_vote","fact_key":"c5a0c18bef7d4bb487ae832055eb8855430cc5c2","cik":862861,"ticker":"AIFC","company_name":"AI Financial Corp","filed_at":"2023-10-11T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-10-09","outcome":"passed","proposal_text":"Approval of the 2023 Equity Incentive Plan","proposal_type":"equity_plan","results":[{"broker_non_votes":"0","subject":null,"votes_abstain":"4,990","votes_against":"326,194","votes_for":"3,834,918","votes_withheld":"0"}]},"claim":"AI Financial Corp shareholders approved Approval of the 2023 Equity Incentive Plan at the 2023-10-09 meeting.","evidence_excerpt":"Proposal No. 2 – Approval of the 2023 Equity Incentive Plan The Company’s stockholders approved the 2023 Equity Incentive Plan. Votes For Against Abstain 3,834,918 326,194 4,990","confidence":0.99,"filing_url":"https://secwatch.observer/filing/0001628280-23-034250","anchor_url":"https://secwatch.observer/filing/0001628280-23-034250#claim-c5a0c18bef7d4bb487ae832055eb8855430cc5c2","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/862861/000162828023034250/0001628280-23-034250-index.htm"},{"fact_type":"shareholder_vote","fact_key":"697c8565e2d7ba19328d8449b37a25580c5f6f0c","cik":862861,"ticker":"AIFC","company_name":"AI Financial Corp","filed_at":"2023-10-11T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-10-09","outcome":"passed","proposal_text":"Election of Directors","proposal_type":"director_election","results":[{"broker_non_votes":"1,739,610","subject":"Tony Isaac","votes_abstain":"0","votes_against":"0","votes_for":"3,907,992","votes_withheld":"258,110"},{"broker_non_votes":"1,739,610","subject":"Richard D. 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The final voting results for the matters submitted to a vote of stockholders were as follows: Proposal No. 1 – Election of Directors At the Annual Meeting, the Company’s stockholders elected the persons listed below as directors for a one-year term expiring on the date of the Annual Meeting in 2024 or until their respective successors are duly elected and qualified: Votes Nominee Name Votes For Votes Withheld Broker Non-Votes Tony Isaac 3,907,992 258,110 1,739,610 Richard D. 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