{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-220697","form_type":"8-K","ticker":"LITS","cik":"0001262104","company_name":"Lite Strategy, Inc.","filed_at":"2026-05-13T12:35:15+00:00","discovered_at":"2026-05-13T12:40:00.493202+00:00","generated_at":"2026-05-13T12:40:57.555137+00:00","sec_items":["2.02","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"medium","headline":"Lite Strategy reports $0.7M yield from LTC covered calls, repurchases 1.6M shares","bullets":["Generated $0.7M net proceeds from covered call program on LTC holdings since Oct 2025.","Repurchased 1,629,136 shares using covered call proceeds and 35,250 LTC since Oct 2025.","SEC issued March 2026 guidance indicating LTC exhibits characteristics of a digital commodity.","Plans to continue scaling covered call program and executing on $25M share repurchase authorization.","Pharmaceutical operations advancing pre-clinical programs as potential non-dilutive capital source."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-220697","json":"https://secwatch.observer/filing/0001193125-26-220697.json","markdown":"https://secwatch.observer/filing/0001193125-26-220697.md","text":"https://secwatch.observer/filing/0001193125-26-220697.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1262104/000119312526220697/0001193125-26-220697-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1262104/000119312526220697/lits-20260513.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-13T12:40:57.555137+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":"6a0f6666cb59b14f37e5366ec9d8a60dacedb673","claim":"Lite Strategy, Inc. reported financial results for the fiscal 2026 third quarter ended March 31, 2026.","evidence_excerpt":"On May 13, 2026, Lite Strategy, Inc. (the “Company”) issued a press release announcing its financial results for the three and nine months ended March 31, 2026.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1262104/000119312526220697/0001193125-26-220697-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal 2026 third quarter ended March 31, 2026"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}