secwatch.observer — SEC 8-K summary
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Issuer:     Lite Strategy, Inc. (LITS)
CIK:        0001262104
Form:       8-K/A
Filed at:   2025-11-20T23:59:59+00:00
Accession:  0001193125-25-290059
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Lite Strategy corrects CEO option grant; grants 455K replacement options at $2.02
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- Corrects original 8-K: CEO Justin File received 180,000 options, not 635,000 as previously reported.
- Board approved 455,000 replacement options to File on Nov. 20, 2025, exercising at $2.02 per share.
- Replacement options contingent on stockholder approval of new omnibus equity plan at 2026 annual meeting.
- Replacement options vest on same schedule as the 180,000 options granted Nov. 14, 2025; cancelled if plan not approved.
- No other changes to original filing; amendment only addresses option grant disclosure error.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1262104/000119312525290059/0001193125-25-290059-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1262104/000119312525290059/lits-20251114.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-290059

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