{"schema_version":"secwatch.filing_event.v1","accession":"0001096906-23-000958","form_type":"8-K","ticker":"LIFD","cik":"0001391135","company_name":"LFTD PARTNERS INC.","filed_at":"2023-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.675414+00:00","generated_at":"2026-06-16T03:09:25.499497+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Lifted Made purchases Oculus CRS assets for $368K; merger earn-out capped at $6M","bullets":["Paid $368,488 cash for Oculus CRS assets including equipment, inventory, and a machine purchase contract for $309,213.","Merger consideration: 100 shares upfront plus earn-out of 5x incremental pre-tax profits (min $1M, max $6M); 80% in stock valued at $5/share.","Chase and Hagan Sanchez become VP Flower and GM Flower; salaries $150K and $100K respectively; 20 other employees hired.","Assumed lease in Aztec, NM at $3,850/month through Nov 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001096906-23-000958","json":"https://secwatch.observer/filing/0001096906-23-000958.json","markdown":"https://secwatch.observer/filing/0001096906-23-000958.md","text":"https://secwatch.observer/filing/0001096906-23-000958.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1391135/000109690623000958/0001096906-23-000958-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1391135/000109690623000958/lsfp-20230428.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T03:09:25.499497+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":"1ece2abaaae7a1242e0b28f60aa1de3fae3fb662","claim":"LFTD PARTNERS INC. entered into Agreement and Plan of Merger with Oculus CHS Management Corp. (effective 2023-04-28).","evidence_excerpt":"Simultaneously with Lifted Made’s purchase of the Purchased Assets, Lifted Made executed an Agreement and Plan of Merger (“Merger Agreement”) with Oculus CHS Management Corp. (the “Management Corp.”), pursuant to which the Management Corp. was merged with and into Lifted Made, with Lifted Made being the surviving corporation in the merger (the “Merger”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1391135/000109690623000958/0001096906-23-000958-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"Oculus CHS Management Corp."},{"label":"Effective","value":"2023-04-28"}],"fact_type":"material_agreement"},{"claim_id":"35eadf329948d8b36ae5ee122a365673bc700e53","claim":"LFTD PARTNERS INC. entered into a asset purchase with Oculus CRS, LLC valued at $368,488 (effective 2023-04-28).","evidence_excerpt":"On April 28, 2023, Lifted Liquids, Inc. doing business as Lifted Made (“Lifted Made”), a wholly owned subsidiary of LFTD Partners Inc. purchased nearly all of the assets (the “Purchased Assets”) of its hemp flower products supplier Oculus CRS, LLC, Aztec, New Mexico (“Oculus”) for a total purchase price of $368,488 in cash.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1391135/000109690623000958/0001096906-23-000958-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Oculus CRS, LLC"},{"label":"Value","value":"$368,488"},{"label":"Effective","value":"2023-04-28"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}