{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-059019","form_type":"8-K","ticker":null,"cik":"0001761510","company_name":"TILT Holdings Inc.","filed_at":"2024-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.949594+00:00","generated_at":"2026-06-02T06:37:23.788731+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"TILT subsidiary Standard Farms secures up to $10.5M loan to build three PA dispensaries","bullets":["Secured Promissory Note allows borrowings up to $10.5M from an experienced retailer and operator.","Proceeds will construct and operate up to three medical marijuana dispensaries in Pennsylvania.","Note matures Dec 31, 2027; interest escalates from 20% to 30% on first sale, then to 40% after six months.","No principal or interest payments due before maturity; prepayment requires lender consent.","Loan is secured by first-priority retail assets and second-priority equity interest in Standard Farms; parent guarantee provided."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-059019","json":"https://secwatch.observer/filing/0001104659-24-059019.json","markdown":"https://secwatch.observer/filing/0001104659-24-059019.md","text":"https://secwatch.observer/filing/0001104659-24-059019.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1761510/000110465924059019/0001104659-24-059019-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1761510/000110465924059019/tm2413960d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T06:37:23.788731+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":"b40208ee60bccfda9ca4f83760435d447b760092","claim":"TILT Holdings Inc. entered into Secured Promissory Note with a third party experienced retailer and operator (the \"Lender\") valued at up to $10,500,000 (effective 2024-05-02).","evidence_excerpt":"On May 2, 2024, Standard Farms LLC, a Pennsylvania limited liability corporation (“Standard Farms”) and a subsidiary of TILT Holdings Inc., entered into a Secured Promissory Note (the “Note”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1761510/000110465924059019/0001104659-24-059019-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"a third party experienced retailer and operator (the \"Lender\")"},{"label":"Value","value":"up to $10,500,000"},{"label":"Effective","value":"2024-05-02"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}