{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-23-041023","form_type":"8-K","ticker":"SNWV","cik":"0001417663","company_name":"SANUWAVE Health, Inc.","filed_at":"2023-08-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.859693+00:00","generated_at":"2026-06-11T04:42:50.261879+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"SANUWAVE Health merges with SPAC SEP Acquisition Corp. in business combination","bullets":["Merger consideration: 7,793,000 shares of SEPA Class A common stock to SANUWAVE securityholders.","Closing conditions include at least $12M in cash and conversion of 80% of convertible notes and warrants.","Termination fee of $2.5M payable by SANUWAVE under certain circumstances.","Sponsor voting agreement with Mercury Sponsor Group I LLC to vote in favor of the merger.","Lock-up agreements for 180 days post-closing for certain SANUWAVE stockholders."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-23-041023","json":"https://secwatch.observer/filing/0001140361-23-041023.json","markdown":"https://secwatch.observer/filing/0001140361-23-041023.md","text":"https://secwatch.observer/filing/0001140361-23-041023.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1417663/000114036123041023/0001140361-23-041023-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1417663/000114036123041023/brhc20057802_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T04:42:50.261879+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":"7593721dcaa1e994bf206eb649407334219e4fdf","claim":"SANUWAVE Health, Inc. entered into Agreement and Plan of Merger with SEP Acquisition Corp. valued at 7,793,000 shares of Class A Common Stock of SEPA as merger consideration (effective 2023-08-23).","evidence_excerpt":"On August 23, 2023, SANUWAVE Health, Inc., a Nevada corporation (“ SANUWAVE ” or the “ Company ”), entered into an Agreement and Plan of Merger (the “ Merger Agreement ”) by and among SEP Acquisition Corp., a Delaware corporation (“ SEPA ”), SEP Acquisition Holdings Inc., a Nevada corporation and a wholly owned subsidiary of SEPA (“ Merger Sub ”), and SANUWAVE.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1417663/000114036123041023/0001140361-23-041023-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"SEP Acquisition Corp."},{"label":"Value","value":"7,793,000 shares of Class A Common Stock of SEPA as merger consideration"},{"label":"Effective","value":"2023-08-23"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}