{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-25-026773","form_type":"8-K","ticker":"LITS","cik":"0001262104","company_name":"Lite Strategy, Inc.","filed_at":"2025-07-22T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.544483+00:00","generated_at":"2026-05-18T04:10:02.187486+00:00","sec_items":["1.01","1.02","5.02","3.02","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"MEI Pharma Raises $100M in PIPE to Launch Litecoin Treasury Strategy; Charlie Lee Appointed to Board","bullets":["Gross proceeds of ~$100M from sale of 29.2M shares/pre-funded warrants at $3.42 per share.","100% of net proceeds to be used to acquire Litecoin (LTC), making MEI first public company to hold LTC as treasury asset.","Charlie Lee, Litecoin creator, appointed to Board; Taheer Datoo resigns per Cooperation Agreement.","GSR Strategies LLC appointed as Asset Manager; Green Dragon Investments LLC as advisor under separate agreements.","Also entered into $100M ATM sales agreement with Titan; terminated prior ATM facility with JonesTrading."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-25-026773","json":"https://secwatch.observer/filing/0001140361-25-026773.json","markdown":"https://secwatch.observer/filing/0001140361-25-026773.md","text":"https://secwatch.observer/filing/0001140361-25-026773.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1262104/000114036125026773/0001140361-25-026773-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1262104/000114036125026773/ef20052363_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T04:10:02.187486+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"}