---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-055238"
form_type: "8-K"
ticker: "ENFY"
cik: "0000857949"
company_name: "Enlightify Inc."
filed_at: "2025-06-17T23:59:59+00:00"
generated_at: "2026-05-19T05:44:44.334486+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Enlightify rescinds $49M Lonestar Dream acquisition; seeks return of $9.95M paid to Pan

## Summary
- Terminated $49M SPA for Lonestar Dream Inc. with Zhibiao Pan; deal not completed.
- Company paid $9,947,981.04; Pan must return within 180 days or pay 0.01% daily penalty.
- Mutual rescission includes releases; no admission of liability or wrongdoing.
- Lonestar continues to operate Tarbush and Pyote mining sites in Texas.
- Company intends to take all necessary actions to recover the funds.

## SEC filing metadata
- accession: 0001213900-25-055238
- form_type: 8-K
- ticker: ENFY
- cik: 0000857949
- company_name: Enlightify Inc.
- filed_at: 2025-06-17T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/857949/000121390025055238/0001213900-25-055238-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/857949/000121390025055238/ea0246001-8k_enlightify.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-055238
- JSON: https://secwatch.observer/filing/0001213900-25-055238.json
- Plain text: https://secwatch.observer/filing/0001213900-25-055238.txt

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