{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-063076","form_type":"8-K","ticker":"SST","cik":"0001805833","company_name":"System1, Inc.","filed_at":"2022-03-02T23:59:59+00:00","discovered_at":"2026-05-14T18:04:08.319951+00:00","generated_at":"2026-06-27T02:31:51.827633+00:00","sec_items":["4.01","5.02","5.05","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"System1 appoints PwC as auditor, expands board to 9 with John Civantos","bullets":["Appointed PricewaterhouseCoopers as independent auditor for FY2022, replacing Marcum LLP.","Marcum's report included a going concern paragraph; prior material weaknesses led to restatement of 2020 financials.","Board expanded from 8 to 9 directors; appointed John Civantos, former Co-Head of Private Capital Group at MSD Partners.","Approved 2021 cash bonuses: CFO Tridivesh Kidambi $75,000, CTO Jennifer Robinson $74,839.","Adopted Non-Employee Director Compensation Program with RSU grants: $180,000 annual plus committee awards."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-22-063076","json":"https://secwatch.observer/filing/0001193125-22-063076.json","markdown":"https://secwatch.observer/filing/0001193125-22-063076.md","text":"https://secwatch.observer/filing/0001193125-22-063076.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1805833/000119312522063076/0001193125-22-063076-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1805833/000119312522063076/d656743d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T02:31:51.827633+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":"03c1ee4428","claim":"John Civantos was appointed as Director at System1, Inc..","evidence_excerpt":"the Board, effective February 25, 2022, appointed John Civantos as the ninth (9 th ) director of the Company to fill the vacancy on the Board created by the expansion of the Board described above.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1805833/000119312522063076/0001193125-22-063076-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}