{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-088354","form_type":"8-K","ticker":"ABTC","cik":"0001755953","company_name":"American Bitcoin Corp.","filed_at":"2023-11-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.322988+00:00","generated_at":"2026-06-08T00:18:08.204209+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Akerna amends sale terms, gets $150K additional loan; note principal raised to $1.65M","bullets":["Cash at closing reduced from $2M to $1.85M; MJA loans additional $150K for working capital.","Convertible note principal increased from $1.5M to $1.65M; converts at 5-day VWAP pre-closing.","If Ample shares sold to third party, Akerna must pass on up to $700K proceeds (less $20K legal).","Holders of 2021 senior secured notes waived default provisions to permit the additional debt."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-088354","json":"https://secwatch.observer/filing/0001213900-23-088354.json","markdown":"https://secwatch.observer/filing/0001213900-23-088354.md","text":"https://secwatch.observer/filing/0001213900-23-088354.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1755953/000121390023088354/0001213900-23-088354-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1755953/000121390023088354/ea188645-8k425_akerna.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T00:18:08.204209+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":"c2877933614a0ea00cbbddcc39453abebc531b59","claim":"American Bitcoin Corp. amended Second Amendment to Securities Purchase Agreement with MJ Acquisition Corp. valued at reduced cash at closing from $2 million to $1.85 million; additional loan of $150,000; amended conve (effective 2023-11-15).","evidence_excerpt":"On November 15, 2023, Akerna, Akerna Exchange and MJA entered into a second amendment to the SPA (the \"Second Amendment\"), which amends certain of the terms of the SPA as amended by the First Amendment.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1755953/000121390023088354/0001213900-23-088354-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"MJ Acquisition Corp."},{"label":"Value","value":"reduced cash at closing from $2 million to $1.85 million; additional loan of $150,000; amended conve"},{"label":"Effective","value":"2023-11-15"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}