{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-25-000303","form_type":"8-K","ticker":"TPB","cik":"0001290677","company_name":"Turning Point Brands, Inc.","filed_at":"2025-01-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.230300+00:00","generated_at":"2026-05-28T09:54:52.880591+00:00","sec_items":["8.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"TPB contributes CDS segment to GWO JV for 49% stake; option to buy remaining 51%","bullets":["Contributed 100% of South Beach Brands (CDS segment) to GWO in exchange for 49% fully-diluted stake.","CDS segment had $14.9M revenue, $270K operating loss, and $270K EBITDA for three months ending Sept 30, 2024.","TPB holds 15-year option to purchase remaining 51% of GWO at initial $22M, decreasing over time.","GWO is a JV with Standard General (formed Dec 2018); TPB has redemption rights for its contribution at fair value."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-25-000303","json":"https://secwatch.observer/filing/0001140361-25-000303.json","markdown":"https://secwatch.observer/filing/0001140361-25-000303.md","text":"https://secwatch.observer/filing/0001140361-25-000303.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1290677/000114036125000303/0001140361-25-000303-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1290677/000114036125000303/ef20041105_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T09:54:52.880591+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"}