{"schema_version":"secwatch.filing_event.v1","accession":"0001376474-25-000509","form_type":"8-K","ticker":null,"cik":"0001342936","company_name":"Rivulet Entertainment, Inc.","filed_at":"2025-06-03T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.028832+00:00","generated_at":"2026-05-20T01:11:00.891597+00:00","sec_items":["4.02"],"event_type":"other_material","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Rivulet Entertainment restates financials due to $27M merger equity pre-payment classification error","bullets":["Board determined non-reliance on financial statements in Form 10-KT filed Nov 11, 2024.","Error: $27M equity pre-payment misclassified as asset purchase deposit instead of offset to equity.","Restatement reduces total assets and equity by $27M; no impact on income statement.","Company will amend the relevant filing to correct the classification."],"urls":{"canonical":"https://secwatch.observer/filing/0001376474-25-000509","json":"https://secwatch.observer/filing/0001376474-25-000509.json","markdown":"https://secwatch.observer/filing/0001376474-25-000509.md","text":"https://secwatch.observer/filing/0001376474-25-000509.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1342936/000137647425000509/0001376474-25-000509-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1342936/000137647425000509/avoi-20250603.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T01:11:00.891597+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":"d6dc94dd9121a7033fb489b5145b7a052642be63","claim":"Rivulet Entertainment, Inc. reported that prior financial statements should not be relied upon.","evidence_excerpt":"On May 30, 2025, the Board of Directors of Rivulet Entertainment, Inc. (the “Company”), following consultation with the Company’s management and independent registered public accounting firm, Astra Audit & Advisory, LLC, concluded that certain of the Company’s previously issued financial statements should no longer be relied upon due to a non-cash error identified in the accounting for the merger equity pre-payment.","evidence_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1342936/000137647425000509/0001376474-25-000509-index.htm","confidence":0.9,"family_label":"Auditor Changes","details":[{"label":"Action","value":"non reliance"},{"label":"Auditor","value":"Astra Audit & Advisory, LLC"}],"fact_type":"auditor_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}