{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-098791","form_type":"8-K","ticker":"XELB","cik":"0001083220","company_name":"XCel Brands, Inc.","filed_at":"2026-08-19T20:30:20+00:00","discovered_at":"2026-08-19T20:31:01.038366+00:00","generated_at":"2026-08-19T20:31:13.203408+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Xcel Brands enters ATM equity distribution agreement for up to $10M","bullets":["Agreement with Maxim Group LLC to sell up to $10,000,000 aggregate of common stock at-the-market.","Commission of 3.0% of gross sales price; sales via Nasdaq Capital Market or negotiated transactions.","Offering registered under Form S-3 (File No. 333-276698); prospectus supplement dated Aug 18, 2026.","Agreement terminates upon sale of all shares or earlier termination by either party.","Company may terminate at its discretion; customary indemnification provisions apply."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-098791","json":"https://secwatch.observer/filing/0001104659-26-098791.json","markdown":"https://secwatch.observer/filing/0001104659-26-098791.md","text":"https://secwatch.observer/filing/0001104659-26-098791.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1083220/000110465926098791/0001104659-26-098791-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1083220/000110465926098791/tm2623598d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-19T20:31:13.203408+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"}