---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-027041"
form_type: "8-K"
ticker: "YCBD"
cik: "0001644903"
company_name: "cbdMD, Inc."
filed_at: "2024-08-15T23:59:59+00:00"
generated_at: "2026-05-31T09:01:36.847307+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# cbdMD settles former lease with $255K payment, records $550K gain

## Summary
- Made $255,000 payment on Aug 15, 2024 to satisfy all past due lease amounts; mutual release executed.
- Anticipates $550,000 gain on settlement of accrued past due rent, interest, and penalties.
- $230,000 non-cash expense from elimination of right-of-use asset/liability partially offsets gain.
- No further obligations to landlord under former lease agreements.

## SEC filing metadata
- accession: 0001437749-24-027041
- form_type: 8-K
- ticker: YCBD
- cik: 0001644903
- company_name: cbdMD, Inc.
- filed_at: 2024-08-15T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1644903/000143774924027041/0001437749-24-027041-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1644903/000143774924027041/ycbd20240815_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-027041
- JSON: https://secwatch.observer/filing/0001437749-24-027041.json
- Plain text: https://secwatch.observer/filing/0001437749-24-027041.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.