{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-054379","form_type":"8-K","ticker":"MITQ","cik":"0001770236","company_name":"MOVING iMAGE TECHNOLOGIES INC.","filed_at":"2023-05-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.479181+00:00","generated_at":"2026-06-16T05:12:54.508503+00:00","sec_items":["1.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"MiT lends $300K to Five Agency, gets 5% equity in SNDBX, and exclusive supply deal","bullets":["On April 25, 2023, MiT loaned $150K initially, with another $150K contingent on conditions, to The Five Agency to form SNDBX.","MiT receives 5% equity stake in SNDBX; loan carries 10% annual interest, principal due May 2026.","Second $150K loan requires exclusive supply agreement for >$3M in equipment systems by April 30, 2026.","MiT co-owns equipment patents with Five Agency; MiT becomes sole owner if patent rights transferred."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-054379","json":"https://secwatch.observer/filing/0001104659-23-054379.json","markdown":"https://secwatch.observer/filing/0001104659-23-054379.md","text":"https://secwatch.observer/filing/0001104659-23-054379.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1770236/000110465923054379/0001104659-23-054379-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1770236/000110465923054379/tm2314305d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T05:12:54.508503+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":"b7a767f30227794724d8de0d078bc1da44468cf9","claim":"MOVING iMAGE TECHNOLOGIES INC. entered into Letter Agreement with The Five Agency, LLC valued at $300,000.00 (effective 2023-04-25).","evidence_excerpt":"On April 25, 2023, Moving iMage Technologies, Inc. (the “Company” or “MiT”) entered into a Letter Agreement, subject to definitive agreements, with The Five Agency, LLC (“The Five Agency”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1770236/000110465923054379/0001104659-23-054379-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"The Five Agency, LLC"},{"label":"Value","value":"$300,000.00"},{"label":"Effective","value":"2023-04-25"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}