{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-022185","form_type":"8-K","ticker":"RFL","cik":"0001713863","company_name":"Rafael Holdings, Inc.","filed_at":"2024-03-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.220472+00:00","generated_at":"2026-06-04T22:24:46.560010+00:00","sec_items":["2.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Rafael Holdings gains ~67% control of Cornerstone via debt conversion and $1.5M investment","bullets":["Converted $29.2M line of credit and $2.1M loan into 32.2M common shares at $0.97/sh.","Converted preferred stock into 6.1M common shares; invested $1.5M cash for 1.5M additional shares.","Now indirectly owns or controls 67.03% of Cornerstone's total outstanding equity.","RP Finance (37.5%-owned entity) received 3.66M shares for extending $21.9M debt maturity.","Majority of Cornerstone debt holders agreed to convert notes or extend maturity; mutual releases executed."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-022185","json":"https://secwatch.observer/filing/0001213900-24-022185.json","markdown":"https://secwatch.observer/filing/0001213900-24-022185.md","text":"https://secwatch.observer/filing/0001213900-24-022185.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1713863/000121390024022185/0001213900-24-022185-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1713863/000121390024022185/ea0201667-8k_rafael.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T22:24:46.560010+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"}