{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-014361","form_type":"8-K","ticker":"SGRP","cik":"0001004989","company_name":"SPAR Group, Inc.","filed_at":"2024-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.822843+00:00","generated_at":"2026-06-02T23:42:08.491468+00:00","sec_items":["8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"SPAR Group closes sale of South Africa Meridian stake for R181M; expects $22M total from SA & Brazil","bullets":["Completed sale of 51% interest in South African JV Meridian for R180.7M (~$10M); 80% received at closing.","Remaining 20% of purchase price due Dec 31, 2024 or 2025 subject to financial triggers.","Also licensing SPAR technology and trademarks to Meridian post-sale.","Combined SA and Brazil divestitures expected to generate ~$22M in cash proceeds (per April 1 press release).","Prior divestitures of China, Australia, and National Merchandising Services JV complete the simplification plan."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-014361","json":"https://secwatch.observer/filing/0001437749-24-014361.json","markdown":"https://secwatch.observer/filing/0001437749-24-014361.md","text":"https://secwatch.observer/filing/0001437749-24-014361.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1004989/000143774924014361/0001437749-24-014361-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1004989/000143774924014361/sgrp20240326_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T23:42:08.491468+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"}