{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-002717","form_type":"8-K","ticker":"YCBD","cik":"0001644903","company_name":"cbdMD, Inc.","filed_at":"2023-02-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.978550+00:00","generated_at":"2026-06-19T22:57:42.692872+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"cbdMD to issue up to 6.06M shares for $2M advertising credit from a360 Media","bullets":["Issues up to 6,060,606 shares at $0.33/share in exchange for a $2,000,000 advertising credit.","70% of shares vest immediately; 15% vest pro-rata with each placement; 15% vest upon no product-category restrictions.","Advertising placement must be used by December 30, 2023, or shares are forfeited.","Shares issued in unregistered transaction under Section 4(a)(2) of the Securities Act."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-002717","json":"https://secwatch.observer/filing/0001437749-23-002717.json","markdown":"https://secwatch.observer/filing/0001437749-23-002717.md","text":"https://secwatch.observer/filing/0001437749-23-002717.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1644903/000143774923002717/0001437749-23-002717-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1644903/000143774923002717/ycbd20230207_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T22:57:42.692872+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":"7009ffd2249baf0bd5b7bbccf6737d5c25d0218f","claim":"cbdMD, Inc. entered into Agreement for Advertising Placement with a360 Media, LLC valued at up to 6,060,606 shares of the Company’s common stock valued at $0.33 per share (effective 2023-02-01).","evidence_excerpt":"On February 1, 2023, cbdMD, Inc. (the “Company”) entered into an Agreement for Advertising Placement (the “Agreement”) with a360 Media, LLC, a Delaware limited liability company (“a360”) in which a360 will provide professional media support and advertising placement in exchange for up to 6,060,606 shares of the Company’s common stock valued at $0.33 per share (the “Shares”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1644903/000143774923002717/0001437749-23-002717-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"a360 Media, LLC"},{"label":"Value","value":"up to 6,060,606 shares of the Company’s common stock valued at $0.33 per share"},{"label":"Effective","value":"2023-02-01"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}