{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-009752","form_type":"8-K","ticker":"AIFC","cik":"0000862861","company_name":"AI Financial Corp","filed_at":"2023-03-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.304717+00:00","generated_at":"2026-06-17T17:23:39.859582+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"JanOne raises ~$422k in registered direct offering of 361k shares at $1.17/share","bullets":["Offering of 361,000 shares of common stock closed March 24, 2023.","Gross proceeds of approximately $422,000 before fees and expenses.","Net proceeds to be used for working capital and general corporate purposes.","H.C. Wainwright acted as exclusive placement agent; received 7.0% cash fee and 25,270 warrants."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-009752","json":"https://secwatch.observer/filing/0000950170-23-009752.json","markdown":"https://secwatch.observer/filing/0000950170-23-009752.md","text":"https://secwatch.observer/filing/0000950170-23-009752.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/862861/000095017023009752/0000950170-23-009752-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/862861/000095017023009752/jan-20230322.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T17:23:39.859582+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ad2a7c32708f340050e86b5b2424dcca0f40ef3f","claim":"AI Financial Corp entered into Purchase Agreement with certain institutional investors valued at approximately $422,000 (effective 2023-03-22).","evidence_excerpt":"On March 22, 2023, JanOne Inc. (the “Company”) entered into a Securities Purchase Agreement (the “ Purchase Agreement ”) with certain institutional investors (the “ Purchasers ”) for the sale by the Company in a registered direct offering (the “ Offering ”) of 361,000 shares of the Company’s common stock, par value $0.001 per share (the “ Common Stock ”), at a purchase price per share of Common Stock of $1.17.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/862861/000095017023009752/0000950170-23-009752-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"certain institutional investors"},{"label":"Value","value":"approximately $422,000"},{"label":"Effective","value":"2023-03-22"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}