---
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"
generated_at: "2026-05-20T07:44:59.871555+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Cuentas forms JV with World Mobile, sells Brooksville stake for $800K, settles $454K judgment

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.01, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-048144
- JSON: https://secwatch.observer/filing/0001213900-25-048144.json
- Plain text: https://secwatch.observer/filing/0001213900-25-048144.txt

## Key facts
- M&A Transactions
  Cuentas Inc. completed a disposition involving Brooksville FL Partners, LLC for $800,000 (closed 2025-05-22).
  - Action: disposition
  - Counterparty: Brooksville FL Partners, LLC
  - Consideration: $800,000
  - Closing: 2025-05-22
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1424657/000121390025048144/0001213900-25-048144-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.