{"schema_version":"secwatch.filing_event.v1","accession":"0001185185-25-001326","form_type":"8-K","ticker":"IGC","cik":"0001326205","company_name":"IGC Pharma, Inc.","filed_at":"2025-10-01T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.111205+00:00","generated_at":"2026-05-17T05:03:26.045394+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"IGC Pharma subsidiary sells assets and facility to Wellness Essentials for ~$2.7M","bullets":["Holi Hemp sold equipment, inventory, and Vancouver ready-to-move facility to Wellness Essentials Northwest.","Fair value of ~$2.7M, subject to auditor valuation review and board approvals as closing conditions.","Buyer assumes employee, utility, and lease obligations; HHP pays health insurance through Nov 30, 2025.","Seller gets preferential supply rights with 20% min margin plus 10-20% additional margins for 2028-2030.","If Buyer sells operating business within 5 years, Seller receives 10% of net proceeds."],"urls":{"canonical":"https://secwatch.observer/filing/0001185185-25-001326","json":"https://secwatch.observer/filing/0001185185-25-001326.json","markdown":"https://secwatch.observer/filing/0001185185-25-001326.md","text":"https://secwatch.observer/filing/0001185185-25-001326.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1326205/000118518525001326/0001185185-25-001326-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1326205/000118518525001326/igc8k100125.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T05:03:26.045394+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"}