{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-001275","form_type":"8-K","ticker":"LUDG","cik":"0001960262","company_name":"LUDWIG ENTERPRISES, INC.","filed_at":"2025-01-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.657364+00:00","generated_at":"2026-05-28T09:21:47.657948+00:00","sec_items":["1.01","2.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Ludwig Enterprises sells Exousia Ai to Marijuana, Inc. for $500K in stock and note","bullets":["Sold 100% of Exousia Ai to Marijuana, Inc. (MAJI) for $500,000 total consideration.","Consideration: 47M shares of MAJI common stock and a $100K promissory note at 8% interest, due Dec 31, 2025.","Ludwig agreed to a lock-up of the MAJI shares until six months after MAJI's uplisting to NASDAQ or NYSE American.","Closing occurred on January 1, 2025, following board approval to focus on Revealia test kit products."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-001275","json":"https://secwatch.observer/filing/0001213900-25-001275.json","markdown":"https://secwatch.observer/filing/0001213900-25-001275.md","text":"https://secwatch.observer/filing/0001213900-25-001275.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1960262/000121390025001275/0001213900-25-001275-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1960262/000121390025001275/ea0226928-8k_ludwig.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T09:21:47.657948+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":"c4f5c8dd12d11ee987da161310420f7fbd6e8ca3","claim":"LUDWIG ENTERPRISES, INC. completed a disposition involving Marijuana, Inc. for $500,000, payable by Purchaser by delivery of (a) 47,000,000 shares of Purchaser common stock and (b) a $100,000 principal amount promissory note (closed 2025-01-01).","evidence_excerpt":"100% ownership of a subsidiary of the Company, Exousia Ai, Inc., a Wyoming corporation ( “Exousia” ). The purchase price under the Exousia SPA for 100% ownership of Exousia is $500,000, payable by Purchaser by delivery of (a) 47,000,000 shares of Purchaser common stock (the “Purchaser Shares” ) and (b) a $100,000 principal amount promissory note (the “Purchaser","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1960262/000121390025001275/0001213900-25-001275-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"Marijuana, Inc."},{"label":"Consideration","value":"$500,000, payable by Purchaser by delivery of (a) 47,000,000 shares of Purchaser common stock and (b) a $100,000 principal amount promissory note"},{"label":"Closing","value":"2025-01-01"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}