{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-095941","form_type":"8-K","ticker":"IPM","cik":"0001355839","company_name":"INTELLIGENT PROTECTION MANAGEMENT CORP.","filed_at":"2024-11-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.243373+00:00","generated_at":"2026-05-30T02:44:28.552250+00:00","sec_items":["1.01","5.02","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Paltalk divests Paltalk, Camfrog, Vumber for $1.35M plus earnouts; prelude to NTS merger","bullets":["Sells Paltalk, Camfrog, and Vumber applications and related assets to Meteor Mobile Holdings for $1.35M cash at closing.","Earnout potential: 30-40% of revenue above thresholds (H2 2025 min $3.5M; annual 2026-2028 min $7M), aggregate capped at $5M via acceleration.","Divestiture is a condition to closing Paltalk's pending merger with Newtek Technology Solutions (NewtekOne, Inc.).","Board approves transaction bonuses: $100K to CFO Kara Jenny, $25K to SVP Adam Zalko; stock options of 25,000 each to CEO, CFO, and SVP."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-095941","json":"https://secwatch.observer/filing/0001213900-24-095941.json","markdown":"https://secwatch.observer/filing/0001213900-24-095941.md","text":"https://secwatch.observer/filing/0001213900-24-095941.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1355839/000121390024095941/0001213900-24-095941-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1355839/000121390024095941/ea0220004-8k_paltalk.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T02:44:28.552250+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"}