{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-24-024787","form_type":"8-K","ticker":null,"cik":"0001729750","company_name":"Kubient, Inc.","filed_at":"2024-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.779092+00:00","generated_at":"2026-06-02T11:52:47.249067+00:00","sec_items":["2.05","5.02","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Kubient cuts workforce 50%, terminates CTO, explores business wind-down","bullets":["Reduced workforce by ~50% (2 employees) as part of potential wind-down of business (Item 2.05).","CTO Mitchell Berg terminated without cause; receives $150,000 severance (6 months base salary) plus COBRA subsidy.","Restructuring charges for severance and benefits expected, but amounts redacted in filing.","Reduction intended to lower operating costs as company considers winding down operations."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-24-024787","json":"https://secwatch.observer/filing/0001140361-24-024787.json","markdown":"https://secwatch.observer/filing/0001140361-24-024787.md","text":"https://secwatch.observer/filing/0001140361-24-024787.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1729750/000114036124024787/0001140361-24-024787-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1729750/000114036124024787/ef20028650_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T11:52:47.249067+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":"5df3a407a8","claim":"Mitchell Berg departed as Chief Technology Officer at Kubient, Inc..","evidence_excerpt":"On May 3, 2024 (the “Separation Date”), as part of the reduction in workforce plan described above in Item 2.05, the Company terminated the employment of Mitchell Berg as Chief Technology Officer of the Company without cause.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1729750/000114036124024787/0001140361-24-024787-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"terminated without cause"},{"label":"Role","value":"Chief Technology Officer"}],"fact_type":"executive_change"},{"claim_id":"62293717194c661a4c1243316a6a013c02616e17","claim":"Kubient, Inc. announced a restructuring with charges of approximately $[●] (approximately 50% reduction in the Company’s workforce, or two people).","evidence_excerpt":"On May 3, 2024, Kubient, Inc. (the “Company”) implemented an approximately 50% reduction in the Company’s workforce, or two people.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1729750/000114036124024787/0001140361-24-024787-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $[●]"},{"label":"Headcount","value":"approximately 50% reduction in the Company’s workforce, or two people"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}