{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-23-055944","form_type":"8-K","ticker":null,"cik":"0000795212","company_name":"Kaspien Holdings Inc.","filed_at":"2023-12-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.021194+00:00","generated_at":"2026-06-07T19:04:29.925550+00:00","sec_items":["2.05"],"event_type":"other_material","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Kaspien Holdings to cut substantially all employees; estimates $1.8M in severance costs","bullets":["Reduction in force of substantially all employees except a core group.","Estimated $1.8 million for retention, severance, and other termination costs in Q4 2023.","Workforce reduction expected to be substantially complete by end of January 2024.","Decision based on assessment of current cash and liquidity position."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-23-055944","json":"https://secwatch.observer/filing/0001140361-23-055944.json","markdown":"https://secwatch.observer/filing/0001140361-23-055944.md","text":"https://secwatch.observer/filing/0001140361-23-055944.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/795212/000114036123055944/0001140361-23-055944-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/795212/000114036123055944/ef20015933_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T19:04:29.925550+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":"ce42cf974a177ea9e641de8dbad3bd96a4f5ba80","claim":"Kaspien Holdings Inc. announced a restructuring with charges of approximately $1.8 million (substantially all of our employees).","evidence_excerpt":"After an assessment of our current cash and liquidity position, we decided to initiate a reduction in force of substantially all of our employees other than a core group of employees. We estimate that we will incur approximately $1.8 million for retention, severance and other employee termination-related costs in the fourth quarter of 2023.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/795212/000114036123055944/0001140361-23-055944-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $1.8 million"},{"label":"Headcount","value":"substantially all of our employees"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}