{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-024369","form_type":"8-K","ticker":"YCBD","cik":"0001644903","company_name":"cbdMD, Inc.","filed_at":"2023-08-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.665037+00:00","generated_at":"2026-06-11T05:37:37.938045+00:00","sec_items":["8.01","9.01"],"event_type":"dividend","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"cbdMD suspends Series A Preferred dividend, proposes mandatory conversion to common shares","bullets":["Monthly cash dividend on 8% Series A Preferred suspended starting Aug 31, 2023 to conserve cash.","Unpaid dividends accumulate; after 12 months of non-payment, preferred holders can elect two additional directors.","Board proposes converting each Series A Preferred share into 3 common shares; special meeting vote on Sept 22, 2023.","Amendment requires majority of common and 2/3 of preferred votes; if passed, preferred rights and accrued dividends are forfeited.","Suspension may limit ability to raise capital under existing Form S-3 registration statement."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-024369","json":"https://secwatch.observer/filing/0001437749-23-024369.json","markdown":"https://secwatch.observer/filing/0001437749-23-024369.md","text":"https://secwatch.observer/filing/0001437749-23-024369.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1644903/000143774923024369/0001437749-23-024369-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1644903/000143774923024369/ycbd20230821_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T05:37:37.938045+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"}