{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-076733","form_type":"8-K/A","ticker":null,"cik":"0001822912","company_name":"26 Capital Acquisition Corp.","filed_at":"2023-09-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.460220+00:00","generated_at":"2026-06-10T17:46:57.097650+00:00","sec_items":["4.02"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"26 Capital restates Q1 2023 financials; convertible note valuation error","bullets":["Convertible promissory notes restated from $2,440,294 to $5,000,000 at par.","Net loss revised from $692,924 to $1,118,413; EPS from ($0.07) to ($0.11) per share.","Material weakness in internal controls over financial reporting identified.","Audit committee concluded previously issued unaudited financials should no longer be relied upon."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-076733","json":"https://secwatch.observer/filing/0001213900-23-076733.json","markdown":"https://secwatch.observer/filing/0001213900-23-076733.md","text":"https://secwatch.observer/filing/0001213900-23-076733.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1822912/000121390023076733/0001213900-23-076733-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1822912/000121390023076733/ea185093-8ka1_26capital.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T17:46:57.097650+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":"de6b33395921f93a055e384fe2ca2136d2a62877","claim":"26 Capital Acquisition Corp. reported that prior financial statements should not be relied upon.","evidence_excerpt":"On August 10, 2023, the Company’s audit committee concluded, after discussion with the Company’s management and its advisors, that the Company’s unaudited financial statements as of and for the quarterly period ended March 31, 2023 included in the Company’s Quarterly Report on Form 10-Q filed with the SEC on May 15, 2023 should no longer be relied upon due to the error described below and should be restated.","evidence_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1822912/000121390023076733/0001213900-23-076733-index.htm","confidence":0.9,"family_label":"Auditor Changes","details":[{"label":"Action","value":"non reliance"}],"fact_type":"auditor_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}