{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-009699","form_type":"8-K","ticker":null,"cik":"0001421636","company_name":"C-Bond Systems, Inc","filed_at":"2025-02-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.589888+00:00","generated_at":"2026-05-27T03:23:40.742195+00:00","sec_items":["1.01","2.01","5.02","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"C-Bond Systems transfers all assets to Badcer to settle debt; redeems shares for $1","bullets":["Transfers all assets (80% Patriot Glass membership, 100% C-Bond LLC, receivables, IP) to Badcer Ops to settle $990K Badders Notes and Mercer Notes.","Redeems 6,550 Badcer Preferred Shares, 28M Wanke common, 19.3M Badders common, 11.5M Badders Trust common for $1 each.","Director Barry Edelstein resigned Dec 31, 2024; board reduces from three to two members.","Scott Silverman and Allison Tomek resign as managers/officers of C-Bond LLC and Patriot Glass.","C-Bond retains website, will continue marketing Patriot products under Representative Agreement."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-009699","json":"https://secwatch.observer/filing/0001213900-25-009699.json","markdown":"https://secwatch.observer/filing/0001213900-25-009699.md","text":"https://secwatch.observer/filing/0001213900-25-009699.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1421636/000121390025009699/0001213900-25-009699-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1421636/000121390025009699/ea0229586-8k_cbond.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T03:23:40.742195+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":"ee9423e828","claim":"Barry M. Edelstein resigned as Director at C-Bond Systems, Inc.","evidence_excerpt":"On December 21, 2024, Barry M. Edelstein, a member of the Company’s Board of Directors (“Board”), notified the Company of his intention to resign from the Board due to changing professional priorities, effective December 31, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1421636/000121390025009699/0001213900-25-009699-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"edea187b39b10397ae0132f75de8749b7c0f7821","claim":"C-Bond Systems, Inc completed a disposition involving Badcer Ops, Inc. for $1.00 (closed 2025-01-30).","evidence_excerpt":"of Patriot’s products. In addition, at the Closing, (i) C-Bond redeemed from Badcer the Badcer Preferred Shares (as defined in the Agreement) in exchange for a payment of $1.00 in total, and Badcer assigned all of Badcer’ rights, titles and interest in and to the Badcer Preferred Shares to C-Bond; (ii) C-Bond redeemed from Mr. Wanke the the Wanke Common","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1421636/000121390025009699/0001213900-25-009699-index.htm","confidence":0.85,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"Badcer Ops, Inc."},{"label":"Consideration","value":"$1.00"},{"label":"Closing","value":"2025-01-30"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}