{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-26-006465","form_type":"8-K","ticker":"BYSI","cik":"0001677940","company_name":"BeyondSpring Inc.","filed_at":"2026-10-06T20:30:15+00:00","discovered_at":"2026-10-06T20:31:01.532943+00:00","generated_at":"2026-10-12T16:14:37.583441+00:00","sec_items":["2.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"BeyondSpring closes sale of BeyondSpring Ltd. to Biolin for DUBLIN-4 data rights, $53.7M pro forma gain","bullets":["Closed Sept. 30, 2026 sale of all BeyondSpring Ltd. shares, which indirectly held Bulin and SEED Technology, to Biolin Investment Limited; no cash consideration was paid.","Consideration is noncash: Investor funds China portion of DUBLIN-4 Phase 3 trial of Plinabulin plus docetaxel in NSCLC; BYSI gets exclusive perpetual royalty-free license to Bulin Data.","Clawback: if Bulin misses Target Enrollment within three years, Investor returns equity based on shortfall, including 100% of equity if shortfall is 90% or greater.","Pro forma preliminary gain on Sale $53.7M; accumulated deficit improves to $(358.5)M from $(411.4)M, and total shareholders' deficit turns positive at $17.3M.","Deconsolidates BeyondSpring Ltd. and SEED disposal groups; retains ~29% of SEED voting power via common and Series A-1 preferred, with right to elect two directors."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-26-006465","json":"https://secwatch.observer/filing/0001171843-26-006465.json","markdown":"https://secwatch.observer/filing/0001171843-26-006465.md","text":"https://secwatch.observer/filing/0001171843-26-006465.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1677940/000117184326006465/0001171843-26-006465-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1677940/000117184326006465/f8k_100626.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T16:14:37.583441+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"}