{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-21-050626","form_type":"8-K","ticker":"IDT","cik":"0001005731","company_name":"IDT CORP","filed_at":"2021-09-29T23:59:59+00:00","discovered_at":"2026-05-14T18:04:16.824439+00:00","generated_at":"2026-06-29T00:35:36.519420+00:00","sec_items":["7.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"IDT's NRS subsidiary sells 2.5% minority stake to Alta Fox for $10M","bullets":["NRS sold 862,442 Class B shares (2.5% fully diluted) to Alta Fox for $10M cash.","NRS generated $21.2M revenue in trailing twelve months ended April 30, 2021; quarterly revenue up 123% YoY.","IDT retains approximately 81% equity interest in NRS after the sale.","Alta Fox implies enterprise value of over $400M for NRS based on the $10M investment.","NRS operates POS platform for independent retailers; IDT sees expansion into adjacent markets."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-21-050626","json":"https://secwatch.observer/filing/0001213900-21-050626.json","markdown":"https://secwatch.observer/filing/0001213900-21-050626.md","text":"https://secwatch.observer/filing/0001213900-21-050626.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1005731/000121390021050626/0001213900-21-050626-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1005731/000121390021050626/ea148133-8k_idtcorp.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-29T00:35:36.519420+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"}