---
schema_version: "secwatch.filing_event.v1"
accession: "0001096906-24-002217"
form_type: "8-K"
ticker: "ALDS"
cik: "0001755101"
company_name: "APPlife Digital Solutions Inc"
filed_at: "2024-12-02T23:59:59+00:00"
generated_at: "2026-05-29T11:28:04.254293+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# APPlife Digital terminates LOI with Silver Bear Sports due to due diligence failures

## Summary
- Terminated binding LOI with Silver Bear Sports Entertainment and Gaming on Nov 27, 2024.
- Reason: Silver Bear failed to provide sufficient due diligence and essential information.
- APPlife (OTCQB: ALDS) is a business incubator investing in e-commerce and cloud-based solutions.
- Termination follows Silver Bear's non-compliance with LOI requirements for due diligence.

## SEC filing metadata
- accession: 0001096906-24-002217
- form_type: 8-K
- ticker: ALDS
- cik: 0001755101
- company_name: APPlife Digital Solutions Inc
- filed_at: 2024-12-02T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1755101/000109690624002217/0001096906-24-002217-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1755101/000109690624002217/alds-20241127.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001096906-24-002217
- JSON: https://secwatch.observer/filing/0001096906-24-002217.json
- Plain text: https://secwatch.observer/filing/0001096906-24-002217.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.