{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-011944","form_type":"8-K","ticker":"BOC","cik":"0001494582","company_name":"BOSTON OMAHA Corp","filed_at":"2023-05-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.043213+00:00","generated_at":"2026-06-16T04:54:44.356907+00:00","sec_items":["1.01","2.01","3.02","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Boston Omaha subsidiary acquires remaining 52% of 24th Street Asset Management for $5.0M","bullets":["BOAM paid $2.76M cash, $1.25M holdback, and 45,644 BOC shares; aggregate price $5.02M.","Brendan Keating, BOC director and co-MD of BOAM, owned 92% of the sold interests; Audit Committee approved.","24th Street had ~$123M AUM as of 12/31/2022; renamed Boston Omaha Commercial Real Estate.","Earn-out: sellers get 25% of Net Promote Amount above $9.64M until funds liquidated.","BOAM now manages two verticals: commercial real estate and purpose-built residential (BFR fund)."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-011944","json":"https://secwatch.observer/filing/0001437749-23-011944.json","markdown":"https://secwatch.observer/filing/0001437749-23-011944.md","text":"https://secwatch.observer/filing/0001437749-23-011944.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1494582/000143774923011944/0001437749-23-011944-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1494582/000143774923011944/bomn20230428_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T04:54:44.356907+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":"8d99403089ce0b400a4bb5daf53d6e28a03a96a0","claim":"BOSTON OMAHA Corp entered into \"MIPA\" with the Sellers valued at $5,016,494.00 (effective 2023-05-01).","evidence_excerpt":"ties (including 24 th Street Fund I, LLC and 24 th Street Fund II, LLC, collectively, the “ Funds ”), minus certain compensation bonuses payable (such net amount, the “ Net Promote Amount ”), that exceed $7,226,672.00 but are less than equal to $9,635,562.00, the Sellers will receive, as a release from the Holdback Amount, 52.062% of such excess, such that if the Net Promote Amount equals $9,635,562.00 (the “ Earn-Out Threshold ”), the full Holdback Amount will have been released to the Sellers.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1494582/000143774923011944/0001437749-23-011944-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"the Sellers"},{"label":"Value","value":"$5,016,494.00"},{"label":"Effective","value":"2023-05-01"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}