{"schema_version":"secwatch.filing_event.v1","accession":"0001393905-24-000191","form_type":"8-K","ticker":"IWAL","cik":"0001498372","company_name":"iWallet Corp","filed_at":"2024-05-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.681021+00:00","generated_at":"2026-06-01T08:40:48.462915+00:00","sec_items":["5.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"iWallet creates Series A and Series B preferred; Series B holds 2/3 voting control","bullets":["Filed Certificate of Designation for 14M shares of Series A Preferred, convertible to common after 6 months (max 12.5%/quarter), no voting or dividend preference.","Filed Certificate of Designation for 1M shares of Series B Preferred with super-voting rights ensuring two-thirds of total voting power, no conversion or dividend preference.","Series B Preferred effectively grants holders permanent control of two-thirds of shareholder votes, regardless of common stock outstanding."],"urls":{"canonical":"https://secwatch.observer/filing/0001393905-24-000191","json":"https://secwatch.observer/filing/0001393905-24-000191.json","markdown":"https://secwatch.observer/filing/0001393905-24-000191.md","text":"https://secwatch.observer/filing/0001393905-24-000191.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1498372/000139390524000191/0001393905-24-000191-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1498372/000139390524000191/iwal-20240521.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T08:40:48.462915+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"}