{"schema_version":"secwatch.filing_event.v1","accession":"0001096906-25-000927","form_type":"8-K","ticker":"CNFN","cik":"0001352952","company_name":"CFN Enterprises Inc.","filed_at":"2025-06-04T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.049412+00:00","generated_at":"2026-05-19T23:42:56.173915+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"CFN Enterprises to acquire J Street Capital Partners, a wine and spirits wholesaler, for up to 8.75M shares","bullets":["Upfront consideration: 1.5M shares of CFN common stock; earnout up to 7.25M additional shares based on revenue targets.","Revenue targets: $2M for remainder of 2025, $10M for 2026, aggregate >$30M for maximum earnout.","J Street distributes to NV, NY, NJ, FL, CA; customer base includes bars, restaurants, casinos, and hotels.","Seller subject to 12-month lockup and 48-month leak-out; CFN to provide $500k working capital through 2026.","Closing subject to customary conditions; shares issued under Section 4(a)(2) exemption of Securities Act."],"urls":{"canonical":"https://secwatch.observer/filing/0001096906-25-000927","json":"https://secwatch.observer/filing/0001096906-25-000927.json","markdown":"https://secwatch.observer/filing/0001096906-25-000927.md","text":"https://secwatch.observer/filing/0001096906-25-000927.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1352952/000109690625000927/0001096906-25-000927-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1352952/000109690625000927/cnfn-20250604.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T23:42:56.173915+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"}