{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-025178","form_type":"8-K","ticker":null,"cik":"0001885461","company_name":"ShoulderUP Technology Acquisition Corp.","filed_at":"2024-03-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.236205+00:00","generated_at":"2026-06-04T09:18:03.117154+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"SUAC signs BCA with SEE ID; requires $6M min cash, $50-100M credit line, employment pacts","bullets":["Two-step merger: ShoulderUp Merger Sub merges into SUAC, then SEI Merger Sub merges into SEE ID; Holdings becomes new public company.","Closing requires SUAC to have at least $6M cash post-redemptions; Holdings must obtain $50M-$100M line of credit.","Sponsor shares locked up 180 days; 2,650,000 shares vest at $15 and $20 stock price targets for 20 of 30 trading days.","No termination fee; deal must close by Aug 31, 2024; conditions include SEC S-4 effectiveness and Nasdaq listing.","SEE ID stockholders with majority votes support deal; Sponsor also commits to vote in favor; no appraisal rights."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-025178","json":"https://secwatch.observer/filing/0001213900-24-025178.json","markdown":"https://secwatch.observer/filing/0001213900-24-025178.md","text":"https://secwatch.observer/filing/0001213900-24-025178.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1885461/000121390024025178/0001213900-24-025178-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1885461/000121390024025178/ea0201541-8k425_shoulder.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T09:18:03.117154+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":"634b64f0e2da5d5288f4454a573a01c8f283e200","claim":"ShoulderUP Technology Acquisition Corp. entered into Business Combination Agreement with SEE ID, Inc. (effective 2024-03-18).","evidence_excerpt":"On March 18, 2024, ShoulderUp Technology Acquisition Corp., a Delaware corporation (“ ShoulderUp ”), entered into a Business Combination Agreement (the “ Business Combination Agreement ”) by and among CID Holdco, Inc., a Delaware corporation and a direct, wholly-owned subsidiary of ShoulderUp (“ Holdings ”), ShoulderUp Merger Sub, Inc., a Delaware corporation and wholly-owned subsidiary of Holdings (“ ShoulderUp Merger Sub ”), SEI Merger Sub, Inc., a Delaware corporation and a direct, wholly owned subsidiary of Holdings (“ SEI Merger Sub ” and together with ShoulderUp Merger Sub, the “ Merger Subs ”), and SEE ID, Inc., a Nevada corporation (collectively with any predecessor entities, the “ Company ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1885461/000121390024025178/0001213900-24-025178-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"SEE ID, Inc."},{"label":"Effective","value":"2024-03-18"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}