{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-018680","form_type":"8-K","ticker":"LODE","cik":"0001120970","company_name":"Comstock Inc.","filed_at":"2025-05-28T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.575890+00:00","generated_at":"2026-05-20T07:31:16.582213+00:00","sec_items":["1.01","2.01","3.02","5.02","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Comstock separates fuels into Bioleum Corp, closes $20M Series A tranche, Kreisler named CEO","bullets":["Completed separation of fuels segment into Bioleum Corp; Comstock received $65M in convertible preferred stock (32.5M common shares).","Bioleum closed initial $20M tranche of $50M planned Series A equity investment.","Kevin Kreisler resigned from Comstock entities, appointed CEO of Bioleum; De Gasperis executive chairman and CFO of Bioleum.","29.4M shares outstanding May 22; estimated fully diluted 32.7M after FPC settlement and Kips Bay conversion.","Comstock Metals achieved R2v3/RIOS certification for 100% landfill-free solar panel recycling."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-018680","json":"https://secwatch.observer/filing/0001437749-25-018680.json","markdown":"https://secwatch.observer/filing/0001437749-25-018680.md","text":"https://secwatch.observer/filing/0001437749-25-018680.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1120970/000143774925018680/0001437749-25-018680-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1120970/000143774925018680/lode20250523_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T07:31:16.582213+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":"88f2bccd25","claim":"Kevin Kreisler resigned as Officer, Director and/or Manager at Comstock Inc..","evidence_excerpt":"On May 22, 2025, Kevin Kreisler resigned as an officer, director and/or manager of any and all Comstock Entities and was appointed the new Chief Executive Officer of the new independent entity Bioleum Corporation.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1120970/000143774925018680/0001437749-25-018680-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Officer, Director and/or Manager"}],"fact_type":"executive_change"},{"claim_id":"19402e065230cd646be0a8213657717a653ad781","claim":"Comstock Inc. completed a disposition involving Bioleum Corporation for 1,000,000 Series 1 Convertible Preferred Stock by Bioleum Corporation, with an original purchase price and liquidation preference of $65 per share, or $65 milli (closed 2025-05-21).","evidence_excerpt":"(“Comstock”) announced the completion of the successful separation of all of the components of its renewable fuels segment into a new independent entity, Bioleum Corporation and the closing on the first $20 million in direct Convertible Preferred Stock - Series A equity investment.","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1120970/000143774925018680/0001437749-25-018680-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"Bioleum Corporation"},{"label":"Consideration","value":"1,000,000 Series 1 Convertible Preferred Stock by Bioleum Corporation, with an original purchase price and liquidation preference of $65 per share, or $65 milli"},{"label":"Closing","value":"2025-05-21"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}