{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-035544","form_type":"8-K","ticker":"LITS","cik":"0001262104","company_name":"Lite Strategy, Inc.","filed_at":"2025-03-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.153576+00:00","generated_at":"2026-05-25T03:16:25.972055+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"MEI Pharma amends CEO Justin File's employment agreement; base salary $550,000, retention bonus $412,500","bullets":["Base salary $550,000 (eff Aug 1, 2024); target bonus 50% of base salary for FY2025.","Retention bonus $412,500 payable upon Change in Control, termination w/o cause, board dissolution approval, or Sep 30, 2025.","Success fee equal to 10% of net absolute cash retention vs forecast, measured as of Mar 31, 2025 or earlier events.","Severance includes 12 months base salary, $70,669 lump sum, pro-rata bonus, and accelerated stock option vesting.","Term through Sep 30, 2025; full option vesting upon qualifying termination within 2 years after Change in Control."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-035544","json":"https://secwatch.observer/filing/0000950170-25-035544.json","markdown":"https://secwatch.observer/filing/0000950170-25-035544.md","text":"https://secwatch.observer/filing/0000950170-25-035544.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1262104/000095017025035544/0000950170-25-035544-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1262104/000095017025035544/meip-20250303.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T03:16:25.972055+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}