{"schema_version":"secwatch.filing_event.v1","accession":"0001021771-24-000140","form_type":"8-K","ticker":"BRTX","cik":"0001505497","company_name":"BioRestorative Therapies, Inc.","filed_at":"2024-05-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.719495+00:00","generated_at":"2026-06-01T08:40:54.725868+00:00","sec_items":["4.02"],"event_type":"other_material","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"BioRestorative Therapies restates financials due to warrant classification error; no cash impact","bullets":["Previously issued annual (FY2023) and quarterly (Q1'22–Q3'23) financial statements should no longer be relied upon.","Restatement reclassifies 2,645,000 public warrants ($10 exercise), 1,856,938 private warrants ($10), and 235,970 underwriter warrants ($12.50) from equity to liabilities.","Non-cash adjustments affect balance sheet and fair value changes in operations; no impact on cash, revenue, operating expenses, or loss from operations.","Company plans to file amended 10-K by June 28, 2024, and concurrently file Q1 2024 10-Q.","Audit committee discussed matter with independent auditor Marcum LLP."],"urls":{"canonical":"https://secwatch.observer/filing/0001021771-24-000140","json":"https://secwatch.observer/filing/0001021771-24-000140.json","markdown":"https://secwatch.observer/filing/0001021771-24-000140.md","text":"https://secwatch.observer/filing/0001021771-24-000140.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1505497/000102177124000140/0001021771-24-000140-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1505497/000102177124000140/brt8k523.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T08:40:54.725868+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"}