{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-009539","form_type":"8-K","ticker":"SATT","cik":"0001661600","company_name":"SATIVUS TECH CORP.","filed_at":"2023-02-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.051301+00:00","generated_at":"2026-06-19T20:30:47.063032+00:00","sec_items":["1.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Sativus Tech subsidiary signs $2M investment deal with South Korean investor","bullets":["Saffron Tech signs SPA for $2M investment: $1M upfront at $10.7M pre-money, deferred $1M on milestones.","Investor gets 793,650 preferred shares, 9.35% stake; Sativus retains 58.92% after Initial Closing.","Deferred $1M contingent on successful saffron cultivation, POC verification, and $2M financing or TASE listing.","Proceeds to fund R&D, commercial production tech, and IP protection; closing expected by end of Feb 2023.","Agreement subject to Saffron Tech shareholder approval."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-009539","json":"https://secwatch.observer/filing/0001213900-23-009539.json","markdown":"https://secwatch.observer/filing/0001213900-23-009539.md","text":"https://secwatch.observer/filing/0001213900-23-009539.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1661600/000121390023009539/0001213900-23-009539-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1661600/000121390023009539/ea172959-8k_sativustech.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T20:30:47.063032+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":"3ec0ec45cb43a18687f09b366609221b88e4efba","claim":"SATIVUS TECH CORP. entered into share purchase agreement with a South Korean investor valued at total $2 million (effective 2023-02-08).","evidence_excerpt":"On February 8, 2023, the Sativus Tech Corp’s (the “Company”) Israeli subsidiary, Saffron Tech Ltd (“Saffron Tech”), signed a share purchase agreement with a South Korean investor (“Investor”), pursuant to which the investor will invest a total $2 million in Saffron Tech","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1661600/000121390023009539/0001213900-23-009539-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"a South Korean investor"},{"label":"Value","value":"total $2 million"},{"label":"Effective","value":"2023-02-08"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}