{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-076352","form_type":"8-K","ticker":"IRIX","cik":"0001006045","company_name":"IRIDEX CORP","filed_at":"2025-05-22T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.137296+00:00","generated_at":"2026-05-20T17:05:11.417635+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"IRIDEX amends Investor Rights Agreement; board unanimous consent required for major asset sales","bullets":["On May 20, 2025, IRIDEX amended its Investor Rights Agreement with Novel Inspiration International Co.","Amendment requires unanimous board consent for disposal of a substantial portion of assets (less than substantially all).","Exception for dispositions to a wholly-owned subsidiary.","Original agreement dated March 19, 2025; this adds a governance restriction on asset dispositions."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-076352","json":"https://secwatch.observer/filing/0000950170-25-076352.json","markdown":"https://secwatch.observer/filing/0000950170-25-076352.md","text":"https://secwatch.observer/filing/0000950170-25-076352.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1006045/000095017025076352/0000950170-25-076352-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1006045/000095017025076352/irix-20250520.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T17:05:11.417635+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"}