{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-017265","form_type":"8-K","ticker":null,"cik":"0001496383","company_name":"Ilustrato Pictures International Inc.","filed_at":"2024-02-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.335278+00:00","generated_at":"2026-06-05T11:34:49.794273+00:00","sec_items":["1.01","2.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Ilustrato Pictures transfers seven ERT companies to 71.1%-owned Samsara Luggage for stock and milestone payments","bullets":["Sold 100% equity in Firebug, Georgia Fire, BCD Fire, Bull Head, E-Raptor, TVC, and 51% of ASSS to Samsara Luggage.","Consideration: 350,000 Series B shares of SAML (350M common shares) plus up to $10M in cash or stock if revenue targets met.","Milestone payments: $5M for FY2024 revenue ≥$20M; $5M for FY2025 revenue ≥$32M; paid proportionally.","ILUS now holds 89.1% voting rights in SAML, up from 71.1% after the related-party transaction.","No customary representations or warranties were exchanged due to related-party nature."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-017265","json":"https://secwatch.observer/filing/0001213900-24-017265.json","markdown":"https://secwatch.observer/filing/0001213900-24-017265.md","text":"https://secwatch.observer/filing/0001213900-24-017265.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1496383/000121390024017265/0001213900-24-017265-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1496383/000121390024017265/ea0200598-8k_ilustrato.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T11:34:49.794273+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":"65faccf78475e06fb282f3bcdbded115229ae466","claim":"Ilustrato Pictures International Inc. entered into Stock Purchase Agreement with Samsara Luggage Inc. (effective 2024-02-23).","evidence_excerpt":"On February 23, 2024, Ilustrato Pictures International, Inc., a Nevada corporation (the “Company”) entered into a Stock Purchase Agreement (the “SPA”) with Samsara Luggage Inc., a Nevada corporation which is owned 71.1% by the Company (“SAML”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1496383/000121390024017265/0001213900-24-017265-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Samsara Luggage Inc."},{"label":"Effective","value":"2024-02-23"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}