{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-002767","form_type":"8-K","ticker":"BLMH","cik":"0001996210","company_name":"BLUM HOLDINGS, INC.","filed_at":"2025-02-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.738941+00:00","generated_at":"2026-05-27T03:41:10.837764+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Blum Holdings signs binding LOI to acquire NorCal dispensary for $2M; target had $18M gross revenue in 2024","bullets":["Total consideration $2.0M: $1.3M cash at close, $200K cash/stock earn-out, $500K in BLMH stock at $1.90/share held in escrow 12 months.","Target generated unaudited ~$18.0M gross revenue and ~$13.0M net revenue for 2024.","Concurrently, Blum issued a $500K senior secured convertible note to seller at 8% interest maturing March 31, 2025.","Deal includes performance-based bonus awards and operational targets for expense reduction and EBITDA improvement.","Transaction remains subject to negotiation and execution of definitive agreements; no assurance of closing."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-002767","json":"https://secwatch.observer/filing/0001437749-25-002767.json","markdown":"https://secwatch.observer/filing/0001437749-25-002767.md","text":"https://secwatch.observer/filing/0001437749-25-002767.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1996210/000143774925002767/0001437749-25-002767-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1996210/000143774925002767/blmh20250203_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T03:41:10.837764+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"}