{"schema_version":"secwatch.filing_event.v1","accession":"0001185198-25-000018","form_type":"8-K","ticker":null,"cik":"0001185198","company_name":"AEI INCOME & GROWTH FUND 25 LLC","filed_at":"2025-12-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.944676+00:00","generated_at":"2026-05-16T14:12:45.562073+00:00","sec_items":["2.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"AEI Income & Growth Fund 25 sells Cheyenne, WY Advance Auto Parts store for $3.12M, gains $915K","bullets":["Sold 100% interest in Advance Auto Parts store in Cheyenne, WY to Opus Real Estate LLC for net cash proceeds of ~$3,122,000, realizing a gain of ~$915,000.","Pro forma: if sold Jan 1, 2024, 2024 net income would have decreased $152K to $517K, and 9-month 2025 net income would have fallen $118K to $1.713M.","As of September 30, 2025, net income per limited unit would have been $45.53 vs. actual $48.59 on a pro forma basis."],"urls":{"canonical":"https://secwatch.observer/filing/0001185198-25-000018","json":"https://secwatch.observer/filing/0001185198-25-000018.json","markdown":"https://secwatch.observer/filing/0001185198-25-000018.md","text":"https://secwatch.observer/filing/0001185198-25-000018.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1185198/000118519825000018/0001185198-25-000018-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1185198/000118519825000018/f8-k25jaredaurora.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T14:12:45.562073+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":"365d4a0913ccf8f7e562d444032e417a2d31eb84","claim":"AEI INCOME & GROWTH FUND 25 LLC completed a disposition involving Opus Real Estate LLC for Net cash proceeds of approximately $3,122,000 (closed 2025-12-02).","evidence_excerpt":"On December 2, 2025, the Company sold its 100% interest in the Advance Auto Parts Store in Cheyenne, WY to Opus Real Estate LLC, an unrelated third party. The Company received net cash proceeds of approximately $3,122,000 for the property, which resulted in a net gain of approximately $915,000.","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1185198/000118519825000018/0001185198-25-000018-index.htm","confidence":0.95}],"comparable_filings":[{"accession":"0001104659-26-057200","ticker":"CUK","company_name":"CARNIVAL PLC","filed_at":"2026-05-07T23:59:59+00:00","headline":"Carnival completes DLC unification and redomiciliation to Bermuda; Carnival plc now a subsidiary","event_type":"other_material","sec_items":["1.02","2.01","3.01","3.02","3.03","5.01","5.03","7.01","9.01"],"materiality_score":0.7,"calibrated_materiality_score":0.7,"match_reasons":["same fact type: ma_transaction","same SEC item: 2.01, 9.01","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-057200","json":"https://secwatch.observer/filing/0001104659-26-057200.json","markdown":"https://secwatch.observer/filing/0001104659-26-057200.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1125259/000110465926057200/0001104659-26-057200-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/815097/000110465926057200/tm2613680d1_8k.htm"},"side_by_side_evidence":{"fact_type":"ma_transaction","source_excerpt":"On December 2, 2025, the Company sold its 100% interest in the Advance Auto Parts Store in Cheyenne, WY to Opus Real Estate LLC, an unrelated third party. The Company received net cash proceeds of approximately $3,122,000 for the property, which resulted in a net gain of approximately $915,000.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1185198/000118519825000018/0001185198-25-000018-index.htm","comparable_excerpt":"On May 7, 2026, Carnival Corporation and Carnival plc completed the unification of their dual listed company structure under a single company, Carnival Corporation Ltd., with Carnival plc as a UK subsidiary of Carnival Corporation Ltd.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1125259/000110465926057200/0001104659-26-057200-index.htm"}},{"accession":"0001104659-26-054975","ticker":null,"company_name":"Fundrise eREIT, LLC","filed_at":"2026-05-04T23:59:59+00:00","headline":"Fundrise eREIT completes merger of seven affiliated REITs; declares May daily distribution","event_type":"other_material","sec_items":["1.01","2.01","5.03","8.01","9.01"],"materiality_score":0.55,"calibrated_materiality_score":0.55,"match_reasons":["same fact type: ma_transaction","same SEC item: 2.01, 9.01","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-054975","json":"https://secwatch.observer/filing/0001104659-26-054975.json","markdown":"https://secwatch.observer/filing/0001104659-26-054975.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/2093809/000110465926054975/0001104659-26-054975-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2093809/000110465926054975/tm2613192d1_8k.htm"},"side_by_side_evidence":{"fact_type":"ma_transaction","source_excerpt":"On December 2, 2025, the Company sold its 100% interest in the Advance Auto Parts Store in Cheyenne, WY to Opus Real Estate LLC, an unrelated third party. The Company received net cash proceeds of approximately $3,122,000 for the property, which resulted in a net gain of approximately $915,000.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1185198/000118519825000018/0001185198-25-000018-index.htm","comparable_excerpt":"At 11:59 p.m. Eastern time on April 29, 2026 (the \"Effective Time\"), which was the same for all of the Mergers, for each respective Fundrise Merger Entity, (1) such Fundrise Merger Entity merged into Fundrise eREIT, with Fundrise eREIT as the surviving entity of the Merger","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/2093809/000110465926054975/0001104659-26-054975-index.htm"}},{"accession":"0001493152-26-018323","ticker":"XWIN","company_name":"XMax Inc.","filed_at":"2026-04-21T23:59:59+00:00","headline":"XMax subsidiary invests $5.45M in fund targeting SpaceX shares; gains >99.9% interest in Preamble X Capital I","event_type":"other_material","sec_items":["1.01","2.01","9.01"],"materiality_score":0.5,"calibrated_materiality_score":0.5,"match_reasons":["same fact type: ma_transaction","same SEC item: 2.01, 9.01","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-018323","json":"https://secwatch.observer/filing/0001493152-26-018323.json","markdown":"https://secwatch.observer/filing/0001493152-26-018323.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1473334/000149315226018323/0001493152-26-018323-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1473334/000149315226018323/form8-k.htm"},"side_by_side_evidence":{"fact_type":"ma_transaction","source_excerpt":"On December 2, 2025, the Company sold its 100% interest in the Advance Auto Parts Store in Cheyenne, WY to Opus Real Estate LLC, an unrelated third party. The Company received net cash proceeds of approximately $3,122,000 for the property, which resulted in a net gain of approximately $915,000.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1185198/000118519825000018/0001185198-25-000018-index.htm","comparable_excerpt":"a series of Preamble X Capital LLC, a Delaware Limited Liability Company. Pursuant to the Agreement, the Company made additional subscription\nin an aggregate amount of US$5,450,000 (the “ Subscription Amount ”), which increases the Company’s interest in\nPreamble X Capital I to more than 99.9%. Allocations Fund Administration, LLC is the administrative","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1473334/000149315226018323/0001493152-26-018323-index.htm"}},{"accession":"0001477932-26-002171","ticker":"CCTC","company_name":"LataMed AI Corp.","filed_at":"2026-04-13T23:59:59+00:00","headline":"Catalyst Crew acquires AI healthcare IP and Venezuelan subsidiary from CEO in related-party transactions","event_type":"other_material","sec_items":["1.01","2.01","7.01","9.01"],"materiality_score":0.6,"calibrated_materiality_score":0.6,"match_reasons":["same fact type: ma_transaction","same SEC item: 2.01, 9.01","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001477932-26-002171","json":"https://secwatch.observer/filing/0001477932-26-002171.json","markdown":"https://secwatch.observer/filing/0001477932-26-002171.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1477960/000147793226002171/0001477932-26-002171-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1477960/000147793226002171/cctc_8k.htm"},"side_by_side_evidence":{"fact_type":"ma_transaction","source_excerpt":"On December 2, 2025, the Company sold its 100% interest in the Advance Auto Parts Store in Cheyenne, WY to Opus Real Estate LLC, an unrelated third party. The Company received net cash proceeds of approximately $3,122,000 for the property, which resulted in a net gain of approximately $915,000.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1185198/000118519825000018/0001185198-25-000018-index.htm","comparable_excerpt":"On March 23, 2026, the Company completed the acquisition of one hundred percent (100%) of the issued and outstanding shares of Inversiones Long 33, C.A. pursuant to a Share Assignment Agreement with Kevin Rodan Levy.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1477960/000147793226002171/0001477932-26-002171-index.htm"}},{"accession":"0001232582-26-000098","ticker":"AHT","company_name":"ASHFORD HOSPITALITY TRUST INC","filed_at":"2026-04-10T23:59:59+00:00","headline":"Ashford Hospitality Trust sells Embassy Suites Palm Beach Gardens for $40.5M net","event_type":"other_material","sec_items":["2.01","9.01"],"materiality_score":0.65,"calibrated_materiality_score":0.65,"match_reasons":["same fact type: ma_transaction","same SEC item: 2.01, 9.01","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001232582-26-000098","json":"https://secwatch.observer/filing/0001232582-26-000098.json","markdown":"https://secwatch.observer/filing/0001232582-26-000098.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1232582/000123258226000098/0001232582-26-000098-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1232582/000123258226000098/aht-20260407.htm"},"side_by_side_evidence":{"fact_type":"ma_transaction","source_excerpt":"On December 2, 2025, the Company sold its 100% interest in the Advance Auto Parts Store in Cheyenne, WY to Opus Real Estate LLC, an unrelated third party. The Company received net cash proceeds of approximately $3,122,000 for the property, which resulted in a net gain of approximately $915,000.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1185198/000118519825000018/0001185198-25-000018-index.htm","comparable_excerpt":"On April 7, 2026, Palm Beach Florida Hotel and Office Building Limited Partnership, an indirect wholly owned subsidiary of Ashford Hospitality Trust, Inc. (the “Company”), completed the sale of the Embassy Suites by Hilton Palm Beach Gardens PGA Boulevard located in Palm Beach Gardens, Florida pursuant to an Agreement of Purchase and Sale, dated as of February 25, 2026, by and between Palm Beach Florida Hotel and Office Building Limited Partnership, as seller, and PBG Embassy Partners, LLC, as purchaser, for $41 million in cash, subject to customary pro-rations and adjustments.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1232582/000123258226000098/0001232582-26-000098-index.htm"}},{"accession":"0000893538-26-000055","ticker":"SM","company_name":"SM Energy Co","filed_at":"2026-04-30T23:59:59+00:00","headline":"SM Energy closes $950M South Texas asset sale; redeems $819M in 2026 notes","event_type":"other_material","sec_items":["2.01","7.01","9.01"],"materiality_score":0.75,"calibrated_materiality_score":0.75,"match_reasons":["same fact type: ma_transaction","same SEC item: 2.01, 9.01","same event type: other_material"],"urls":{"canonical":"https://secwatch.observer/filing/0000893538-26-000055","json":"https://secwatch.observer/filing/0000893538-26-000055.json","markdown":"https://secwatch.observer/filing/0000893538-26-000055.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/893538/000089353826000055/0000893538-26-000055-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/893538/000089353826000055/sm-20260430.htm"},"side_by_side_evidence":{"fact_type":"ma_transaction","source_excerpt":"On December 2, 2025, the Company sold its 100% interest in the Advance Auto Parts Store in Cheyenne, WY to Opus Real Estate LLC, an unrelated third party. The Company received net cash proceeds of approximately $3,122,000 for the property, which resulted in a net gain of approximately $915,000.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1185198/000118519825000018/0001185198-25-000018-index.htm","comparable_excerpt":"is included as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference. \n\n--- EX-99.1 (EX-99.1) ---\n\nNews Release EXHIBIT 99.1 SM ENERGY CLOSES $950 MILLION SOUTH TEXAS DIVESTITURE; ANNOUNCES REDEMPTION OF ALL OUTSTANDING 2026 SENIOR NOTES Demonstrates strong momentum toward $1.0 billion-plus asset sale target and advances 2026","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/893538/000089353826000055/0000893538-26-000055-index.htm"}},{"accession":"0001683168-26-003231","ticker":"FCUV","company_name":"FOCUS UNIVERSAL INC.","filed_at":"2026-04-27T23:59:59+00:00","headline":"Focus Universal acquires Class A office building in Monterey Park for $17.7M","event_type":"other_material","sec_items":["1.01","2.01","2.03","9.01"],"materiality_score":0.75,"calibrated_materiality_score":0.75,"match_reasons":["same fact type: ma_transaction","same SEC item: 2.01, 9.01","same event type: other_material"],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-26-003231","json":"https://secwatch.observer/filing/0001683168-26-003231.json","markdown":"https://secwatch.observer/filing/0001683168-26-003231.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1590418/000168316826003231/0001683168-26-003231-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1590418/000168316826003231/focus_8k.htm"},"side_by_side_evidence":{"fact_type":"ma_transaction","source_excerpt":"On December 2, 2025, the Company sold its 100% interest in the Advance Auto Parts Store in Cheyenne, WY to Opus Real Estate LLC, an unrelated third party. The Company received net cash proceeds of approximately $3,122,000 for the property, which resulted in a net gain of approximately $915,000.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1185198/000118519825000018/0001185198-25-000018-index.htm","comparable_excerpt":"”). The\nSeller does not have a material relationship with the Company, and the acquisition was not an affiliated transaction. The aggregate purchase price of the Property was\n$17,700,000, exclusive of closing costs (the “ Purchase Price ”). The Company made an initial down payment of $525,000\non January 26, 2026. On April 17, 2026, the Company funded the Purchase","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1590418/000168316826003231/0001683168-26-003231-index.htm"}},{"accession":"0001193125-26-173959","ticker":"GIPR","company_name":"GENERATION INCOME PROPERTIES, INC.","filed_at":"2026-04-23T23:59:59+00:00","headline":"Generation Income Properties sells Dollar Tree property in Georgia for $1.46M, netting $639K","event_type":"other_material","sec_items":["2.01","9.01"],"materiality_score":0.35,"calibrated_materiality_score":0.35,"match_reasons":["same fact type: ma_transaction","same SEC item: 2.01, 9.01","same event type: other_material"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-173959","json":"https://secwatch.observer/filing/0001193125-26-173959.json","markdown":"https://secwatch.observer/filing/0001193125-26-173959.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1651721/000119312526173959/0001193125-26-173959-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1651721/000119312526173959/gipr-20260417.htm"},"side_by_side_evidence":{"fact_type":"ma_transaction","source_excerpt":"On December 2, 2025, the Company sold its 100% interest in the Advance Auto Parts Store in Cheyenne, WY to Opus Real Estate LLC, an unrelated third party. The Company received net cash proceeds of approximately $3,122,000 for the property, which resulted in a net gain of approximately $915,000.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1185198/000118519825000018/0001185198-25-000018-index.htm","comparable_excerpt":"GIPGA 2383 Lake Harbin Road, LLC, an indirect wholly owned subsidiary of Generation Income Properties, Inc. (the “Company”), completed the sale of its Dollar Tree-occupied net lease retail property located at 2383 Lake Harbin Road in Morrow, Georgia (the “Property”), pursuant to a Purchase and Sale Agreement (as amended, the “Morrow Purchase and Sale Agreement”), entered into effective as of March 23, 2026, by and between GIPGA 2383 Lake Harbin Road, LLC, as seller, and Vanguard Asset Holdings, LLC, Series 102, as purchaser, as amended on April 2, 2026 (the “First Amendment”). The Property was sold for a purchase price of $1,458,000, subject to customary prorations and adjustments, resulting in net proceeds to the Company of $639,152.49.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1651721/000119312526173959/0001193125-26-173959-index.htm"}}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}