{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-104746","form_type":"8-K","ticker":"SIEB","cik":"0000065596","company_name":"SIEBERT FINANCIAL CORP","filed_at":"2025-10-31T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.908543+00:00","generated_at":"2026-05-17T01:10:40.137594+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Siebert Financial acquires remaining 32% of RISE Financial for $3.7M","bullets":["Purchased 32% minority interest in RISE Financial Services for $3.7M aggregate price.","Includes 24% stake from director Gloria E. Gebbia; all selling holders received carrying value.","RISE becomes wholly-owned subsidiary; has been largely inactive since acquisition.","Purpose: capital restructuring to support potential strategic opportunities at RISE."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-104746","json":"https://secwatch.observer/filing/0001213900-25-104746.json","markdown":"https://secwatch.observer/filing/0001213900-25-104746.md","text":"https://secwatch.observer/filing/0001213900-25-104746.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/65596/000121390025104746/0001213900-25-104746-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/65596/000121390025104746/ea0263318-8k_siebert.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T01:10:40.137594+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}