{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-106435","form_type":"8-K","ticker":"SILO","cik":"0001514183","company_name":"Silo Pharma, Inc.","filed_at":"2026-10-02T20:37:14+00:00","discovered_at":"2026-10-02T20:38:00.274967+00:00","generated_at":"2026-10-12T14:39:45.035999+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Silo Pharma buys Norsight 'Klone' software IP, paying with warrant for 300,000 shares at $1.51","bullets":["Silo Pharma bought software and IP from Norsight Consulting Inc., including source and object code for web-based tools marketed under the 'Klone' brand, plus trademarks and domain names.","Consideration was a warrant for up to 300,000 shares at $1.51/share (about $453,000 if fully exercised), cashless-exercise, exercisable April 1, 2027 through Sept 30, 2031.","Seller's shares are locked up for 12 months; the warrant carries a 4.99% beneficial-ownership blocker that Norsight may raise to 9.99% with 61 days' notice.","Warrant sold under Section 4(a)(2); Nasdaq rules cap issuance at 19.99% of outstanding shares absent stockholder approval. Norsight President Craig North and Silo CEO Eric Weisblum signed.","Norsight warrants the software is an original creation, malware-free and non-infringing, with open-source code limited to Exhibit B; its total liability is capped at the warrants' fair market value."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-106435","json":"https://secwatch.observer/filing/0001213900-26-106435.json","markdown":"https://secwatch.observer/filing/0001213900-26-106435.md","text":"https://secwatch.observer/filing/0001213900-26-106435.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1514183/000121390026106435/0001213900-26-106435-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1514183/000121390026106435/ea0307598-8k_silo.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T14:39:45.035999+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"}