{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-258474","form_type":"8-K","ticker":"LITS","cik":"0001262104","company_name":"Lite Strategy, Inc.","filed_at":"2025-10-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.998634+00:00","generated_at":"2026-05-17T01:15:13.504055+00:00","sec_items":["5.02","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Lite Strategy authorizes $25M share repurchase; director Reynolds resigns","bullets":["Board authorized $25M share repurchase program, effective immediately, through open market or negotiated transactions.","Company holds ~1M Litecoin treasury; buyback used at discount to mNAV; ATM used at premium to acquire more Litecoin.","Director Thomas C. Reynolds, M.D., Ph.D. resigns effective Nov 4, 2025; no disagreement with company.","Repurchase program is not obligated and may be suspended; finances via working capital; possible 10b5-1 plan."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-258474","json":"https://secwatch.observer/filing/0001193125-25-258474.json","markdown":"https://secwatch.observer/filing/0001193125-25-258474.md","text":"https://secwatch.observer/filing/0001193125-25-258474.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1262104/000119312525258474/0001193125-25-258474-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1262104/000119312525258474/lits-20251024.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T01:15:13.504055+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"}