{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-048144","form_type":"8-K","ticker":"CUEN","cik":"0001424657","company_name":"Cuentas Inc.","filed_at":"2025-05-28T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.255776+00:00","generated_at":"2026-05-20T07:44:59.871555+00:00","sec_items":["1.01","2.01","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Cuentas forms JV with World Mobile, sells Brooksville stake for $800K, settles $454K judgment","bullets":["Formed World Mobile LLC JV; Cuentas contributes MVNO (valued $600K) for 51% stake, but 85% of JV profits go to World Mobile Group.","Sold 63.9% Class B interest in Brooksville Development Partners for $800K; proceeds to settle four outstanding judgments/debts.","Settled $453,856.68 judgment with Crosshair Media Placement; CEO and President provided joint personal guaranty for payment.","Settled $112,500 with 1800 Diagonal Lending, $28,000 with Alexandra Calicchio, and $60,000 with EAdvance Services.","Cuentas assigned PLUM MVNO contract to JV; side letter grants Cuentas management of certain brands with 85% profit share."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-048144","json":"https://secwatch.observer/filing/0001213900-25-048144.json","markdown":"https://secwatch.observer/filing/0001213900-25-048144.md","text":"https://secwatch.observer/filing/0001213900-25-048144.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1424657/000121390025048144/0001213900-25-048144-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1424657/000121390025048144/ea0243119-8k_cuentas.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T07:44:59.871555+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":"17406c3c8a3448d5c7f2bb5e093b98841f06f0d1","claim":"Cuentas Inc. completed a disposition involving Brooksville FL Partners, LLC for $800,000 (closed 2025-05-22).","evidence_excerpt":"limited liability company (“Buyer”), which already held a minority stake in Brooksville. The Buyer purchased Cuentas’ 63.9% Class B Membership Interests in Brooksville for $800,000. From the proceeds, Cuentas will effectuate settlements on four outstanding judgments or debts. Holders of one judgment and one debt will be disbursed directly by the escrow","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1424657/000121390025048144/0001213900-25-048144-index.htm","confidence":0.95,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"Brooksville FL Partners, LLC"},{"label":"Consideration","value":"$800,000"},{"label":"Closing","value":"2025-05-22"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}